Permalink Submitted by Bruce Steiner on Sun, 2016-06-05 23:05
The advantage is that it makes it easier to draft the beneficiary designation form.
The disadvantages are that it necessitates creating a living trust (which makes sense in some cases and in some states but not for most people in most states), and that naming a living trust as beneficiary of retirement benefits increases the likelihood that something will go wrong.
Permalink Submitted by Bruce Steiner on Sun, 2016-06-05 23:05