Currently, Wealth.com-drafted estate plan documents do not support naming existing trusts or entities as beneficiaries, including contingent beneficiaries, on the platform.
This approach is based on the complexity and variability of trust and entity structures. Many irrevocable trusts—such as those used for tax planning, asset protection, or special needs planning—include specific terms regarding contributions and tax treatment. For example, some trusts may limit who can contribute assets to avoid unintended tax consequences or impacts on eligibility for certain benefits. Since Wealth.com does not have visibility into the terms of each trust or entity, it cannot ensure that any contributions or designations made through the platform would align with those legal and financial requirements.
The same concerns apply to legal entities, such as LLCs or corporations, which may have operating agreements or bylaws that restrict contributions or ownership changes.
To help ensure the intent of an estate plan is preserved—and to avoid unintended consequences—we encourage users to consult with a qualified attorney who can review the specific trust or entity documentation and provide personalized guidance. If needed, Wealth.com can offer referrals to attorneys within our trusted network.
This explanation is intended for general informational purposes only and should not be interpreted as legal advice.