Related Definitions
What is an Irrevocable Beneficiary?
Beneficiaries of a life insurance policy that, once they are named, can only be removed with consent from the beneficiary.
A beneficiary designation that cannot be changed or revoked by the policyholder without the consent of the beneficiary. Irrevocable beneficiaries typically appear in insurance policies, retirement accounts, and trusts. Designating an irrevocable beneficiary provides them with a legal claim to the asset upon the policyholder’s death, preventing changes that could affect their inheritance. Understanding the implications of irrevocable beneficiaries is important in estate planning and asset protection strategies.
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Related Articles
Insights and advice on trust and probate estate litigation from our blog.
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Key Takeaways Introduction A pretermitted child is a child who was unintentionally excluded from a will by their parent because the will or trust [...]
Key Takeaways Introduction A pretermitted child is a child who was unintentionally excluded from a will by their parent because the will or trust […]
- Inheritance
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Key Takeaways Introduction Inheriting millions of dollars or any large sum of money can be a life-changing experience, but it also raises many questions [...]
Key Takeaways Introduction Inheriting millions of dollars or any large sum of money can be a life-changing experience, but it also raises many questions […]
- Estate Dispute
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Key Takeaways Introduction Estate litigation occurs when a dispute arises between interested parties in an estate and requires court intervention for resolution. Disputes that [...]
Key Takeaways Introduction Estate litigation occurs when a dispute arises between interested parties in an estate and requires court intervention for resolution. Disputes that […]
- Probate Estate Litigation
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Key Takeaways Introduction High-value probate cases often have a complex portfolio of assets with valuable forms of property spread out across multiple jurisdictions. With [...]
Key Takeaways Introduction High-value probate cases often have a complex portfolio of assets with valuable forms of property spread out across multiple jurisdictions. With […]
- International Probate
- 18 min read
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Key Takeaways Introduction High-net-worth individuals with complex estates and a significant number of assets and heirs in multiple countries are often subject to added [...]
Key Takeaways Introduction High-net-worth individuals with complex estates and a significant number of assets and heirs in multiple countries are often subject to added […]
- Undue Influence
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Key Takeaways Introduction High-value estates feature a large portfolio of assets with considerable financial value. Having important estate fraud prevention safeguards in place is [...]
Key Takeaways Introduction High-value estates feature a large portfolio of assets with considerable financial value. Having important estate fraud prevention safeguards in place is […]
- Trust Administration
- 14 min read
- Published on
Key Takeaways Introduction A trust is a legal arrangement established by the trust creator to transfer assets into the ownership of the trust, managed [...]
Key Takeaways Introduction A trust is a legal arrangement established by the trust creator to transfer assets into the ownership of the trust, managed […]
- Trust Litigation
- 13 min read
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Key Takeaways Introduction A trustee plays a vital role in the administration of a trust, as it is their responsibility to distribute trust assets [...]
Key Takeaways Introduction A trustee plays a vital role in the administration of a trust, as it is their responsibility to distribute trust assets […]
- Trust Disputes
- 16 min read
- Published on
Key Takeaways Introduction High-value estates are often more susceptible to disputes and litigation because they involve multiple beneficiaries, complex asset structures, valuable assets, and [...]
Key Takeaways Introduction High-value estates are often more susceptible to disputes and litigation because they involve multiple beneficiaries, complex asset structures, valuable assets, and […]
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Key Takeaways Introduction During the probate of high-value estates, business interests may cause several types of controversies among heirs or beneficiaries of the estate. [...]
Key Takeaways Introduction During the probate of high-value estates, business interests may cause several types of controversies among heirs or beneficiaries of the estate. […]
- Probate Law
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- Published on
Key Takeaways Introduction Yes, you can live in a home during probate under select circumstances. However, this is not always the case. To be [...]
Key Takeaways Introduction Yes, you can live in a home during probate under select circumstances. However, this is not always the case. To be […]
- News
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California and Texas probate litigation law firm RMO LLP announced today that 7 of our attorneys have been included in the 2026 edition of [...]
California and Texas probate litigation law firm RMO LLP announced today that 7 of our attorneys have been included in the 2026 edition of […]