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What’s an “Atom Bomb” or “Contingent Remainder” Beneficiary? | Connecticut Estate Planning Attorneys

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Home » Asset Protection » What’s an “Atom Bomb” or “Contingent Remainder” Beneficiary?

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

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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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