You can name any individual or entity as a beneficiary — a sibling, niece, nephew, trusted friend, or charitable organization. For retirement accounts and life insurance, beneficiary designations supersede your will. Review these designations at least every few years, especially after major life changes. A Mercer Advisors estate planning specialist may recommend naming a trust as the beneficiary rather than an individual directly if you want more control.
We exist so you don’t have to worry about money. For more than 40 years, we’ve taken the sophisticated, time-tested approach that many ultra-high net worth individuals use to help manage their financial lives and made it accessible to more families.
