Why Parents Should Avoid Naming Minor Children as Beneficiaries It may seem simple to name children as beneficiaries after divorce, but Brian Chew explains why this can create serious problems. If minors inherit directly, the money goes through probate, and the court decides who controls it. Instead, creating a trust allows parents to name the trust as the beneficiary, avoiding probate and ensuring that funds are managed according to their wishes. For any parent with minor children, setting up a
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