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	<title>New answer on: Can A Minor Be A Life Insurance Beneficiary?</title>

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		<title>By: David Racich</title>

		<link>https://www.insurancelibrary.com/life-insurance/can-a-minor-be-a-life-insurance-beneficiary</link>

		<dc:creator>David Racich</dc:creator>

		<pubDate>Mon, 27 May 2013 02:45:34 +0000</pubDate>

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		<description><![CDATA[Yes and they often are with young families. Many attorneys recommend declaring a financial steward or custodial trustee for the financial disbursements to minors. Sometimes a trust is the beneficiary on behalf of minor children. Interestingly, there is always a contingent beneficiary option in a life insurance application. 
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		<title>By: Peggy Mace</title>

		<link>https://www.insurancelibrary.com/life-insurance/can-a-minor-be-a-life-insurance-beneficiary</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Sun, 05 May 2013 16:08:09 +0000</pubDate>

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		<description><![CDATA[A minor can be a life insurance beneficiary, but it is generally in the child&#039;s best interest to make the beneficiary of your life insurance policy be a trust, or trusted relative or friend who will use the money for the welfare of the child. That is because minors cannot legally handle the proceeds and the court could appoint a guardian to do so for them.]]></description>

		

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