8
AssignmentMultiple Select

Investment Strategies

Question 8 • * HSA 26-27 Economics

What are the benefits of naming a secondary beneficiary in a will? Check all that apply.It could prevent a will from going into probate.It avoids confusion if the primary beneficiary dies first.It makes it less likely that there will be claims that the will is invalid.It allows for another option if the primary beneficiary cannot inherit.It identifies someone who can assess the value of assets in a will.It ensures that someone can act on a person’s behalf if he or she becomes hurt.

Answer
A
It could prevent a will from going into probate.
B
It avoids confusion if the primary beneficiary dies first.
C
It makes it less likely that there will be claims that the will is invalid.
D
It allows for another option if the primary beneficiary cannot inherit.
E
It identifies someone who can assess the value of assets in a will.
F
It ensures that someone can act on a person’s behalf if he or she becomes hurt.
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