While a Last Will & Testament can certainly be created to provide a list of specific beneficiaries and an even longer list of contingent beneficiaries, Standard Legal has crafted its Wills to be simple yet thorough and specific without the use of contingencies.<\/p>\n
But that does not mean the strategy of contingency cannot be instituted.
\nRather than providing a Will structure with a potentially lengthy and confusing list of contingent beneficiaries, what Standard Legal suggests is that if the people named in a Last Will & Testament pre-decease the Maker of the Will, then a new Will be prepared listing new beneficiaries.\u00a0 (And since the purchase and download of the Will title provides full access to the legal forms software to create a new Will document whenever the user wishes, there is no additional cost to do so.)<\/p>\n
Making a brand new Last Will and Testament if a named beneficiary dies before the Maker of the Will passes would more likely ensure that specific gifts can and will be distributed to people that are living at the time of the Maker\\’s death, vs. crafting a document with if\/then contingencies.<\/p>\n