You can name your estate as beneficiary. The assets will be transferred to your estate and treated as taxable income on your final tax return. It’s a good idea to consult with a tax professional if you have any questions about the tax consequences for a beneficiary designation. ...
Section 2036(a)(1) of the Internal Revenue Code' throws back intothe decedent's gross estate the value of transferred property if thedecedent retained the right to receive the income from the property(a) for his life, (b) for any period not ascertainable without referenceto his death (e...