How To Prepare For The Death Of A Beneficiary With A Carefully Written Will
When writing a will, you will probably not expect the beneficiary to not outlive you. If your beneficiary does pass away, you will need to have your will modified to determine how assets that were meant to go to the beneficiary would be distributed. However, you will also need to name alternative beneficiaries to take into account when you and a beneficiary pass away at the same time and you are unable to name a different beneficiary.