(561) 935-9763
Maura Curran, Attorney
Jupiter, FL 33458

What are contract assets?

Trusts, annuities, life insurance, and retirement plans are all contracts, so trust assets, annuity funds, insurance value and proceeds, and retirement funds are all contract assets. It’s imperative that you name a beneficiary for each and every contract asset because they are not controlled by your will or trust, they’re controlled by the contract itself.