I am the Beneficiary on several Investment Accounts should my Partner pass away. I wondered what happens to this money if I pass away? My Partner has gone out of his way to make sure my children get whatever I was to get. But, this question is the only one I don't know how to deal with. Any suggestions?
Your son could be a contingent beneficiary if both of you die simultaneously.
But raising the issue with your attorney is the best way to incorporate the right terminology.