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What’s an “Atom Bomb” or “Contingent Remainder” Beneficiary?

When you’re deciding to whom to leave assets, most people choose their children or other descendants. However, you also need to decide on the “contingent remainder” beneficiary. In other words, who should get your assets if all your other beneficiaries are gone. Read on to learn more about this often-confusing concept.

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Emmette Saleeby
Latest posts by Emmette Saleeby (see all)
  • Beneficiary Designations and the SECURE Act Basics - March 1, 2021
  • A Time for Thanks and Community - December 1, 2020
  • What the 2020 Election Could Mean for Your Estate Plan - December 1, 2020

Estate Planning, Legal Education atom bomb, beneficiaries, contingent remainder, exploding turkey

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Law Office of Emmette J. Saleeby, P.A.
114 Southport Rd
Spartanburg, SC 29306
United States (US)
Phone: 864-342-7494

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