Prior to 04.24.2013, my friend's and his wife's beneficiary designation forms
were as follows.
My Friend
Primary Beneficiary: His Wife
Contingent Beneficiary: None
His Wife
Primary Beneficiary: My Friend
Contingent Beneficiary: None
They realized that if something were to happen to both of them at the same time that they didn't have a designation listed for that type of event.
They both agreed to make both of the girls, his step-daughters, 50/50 recipients of both of their policies. This would have paid each over 100K if they both were to die.
They both indicated the same d
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were as follows.
My Friend
Primary Beneficiary: His Wife
Contingent Beneficiary: None
His Wife
Primary Beneficiary: My Friend
Contingent Beneficiary: None
They realized that if something were to happen to both of them at the same time that they didn't have a designation listed for that type of event.
They both agreed to make both of the girls, his step-daughters, 50/50 recipients of both of their policies. This would have paid each over 100K if they both were to die.
They both indicated the same d
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