Statement: If you want to use a contract to pass property to someone, you have the right to change your mind until the day you die. (Example: if a daughter is a beneficiary, you can still change your mind and put someone else as beneficiary).

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Answer rating: 100% (QA)

The statement youve provided describes the concept of changing beneficiaries through a contract such as a will or life insurance policy even after ini... View the full answer