What Happens to a Beneficiary’s Share of the Estate If the Beneficiary Passes Away?

November 26, 2021

If parents create wills naming contingent beneficiaries as their two adult children, there is always the possibility that the adult children will pass away before the parents.

This can have implications for the contingent beneficiary’s share. Language of the created will impacts what happens with each beneficiary’s share. Some wills allow the surviving sibling to receive the entire estate with the remainder getting divided among any living children.

However, the more common strategy for accomplishing these planning goals is to use a per stirpes. This language in a will means that if a child passes away before the testator and this child has surviving descendants, that pre-deceased child’s share goes to the descendants.

If your assets are inside a trust or life insurance policy, then the naming of a contingent beneficiary ensures that there’s a plan to pass on those assets to someone else. Make sure you review your contingent beneficiaries and backup plans on a regular basis.

You can always discuss the specifics of your estate planning strategy directly with your lawyer to verify that this covers your intended goals and plans. If you don’t yet have a plan for what to do with your backup beneficiaries, an estate planning lawyer can give you the support you need.


Practice Areas:



Schedule your free Exploratory phone call

Click here to see how we
can be of assistance.

Payment Portal
for Tax and Accounting invoice

This link offers a secure, quick way to complete your payment with Omni360 Advisors LLC.

Our Social Media

Connect with us on Social Media using the following buttons:

Visit our Podcasts

Listen in, Join the Conversation!

Recent Posts

Should You Gift Money to Your Children Now or Leave It to Them Later?

Should you give money to your children during your lifetime or leave it as an inheritance? Explore the family, tax, control, and legacy considerations that can help guide the decision. For many successful families, estate planning eventually raises ...

<p>The post Should You Gift Money to Your Children Now or Leave It to Them Later? first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>

What Happens to Your Financial Life When You Retire? A 12-Month Checklist

Retirement changes more than your work schedule. Use this 12-month retirement checklist to review Medicare, Social Security, cash flow, portfolio withdrawals, taxes, estate documents, and employer benefits. Retirement is often described as a milestone, but financially, it ...

<p>The post What Happens to Your Financial Life When You Retire? A 12-Month Checklist first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>

Your Mid-Year Financial Checkup: 6 Questions High-Net-Worth Families and Business Owners Should Ask

More than halfway through 2026, now is a smart time for business owners and high-net-worth families to review taxes, estate planning, cash, investments, insurance, and major life changes before year-end. August can be ...

<p>The post Your Mid-Year Financial Checkup: 6 Questions High-Net-Worth Families and Business Owners Should Ask first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.</p>