When making a will, there are a few different ways that you can distribute your assets. One option is to leave everything to a beneficiary, such as a spouse, child, or other loved one. Another option is to create a CD beneficiary.

A CD beneficiary is a person or institution that receives the proceeds of a CD after your death. Unlike a will, a CD beneficiary does not have to be a relative or loved one. Instead, you can choose any person or institution you want to receive the money.

There are a few benefits of using a CD beneficiary. …