View of the Reno Sparks night skyline from Rancho San Rafael Regional Park
View of the Reno Sparks night skyline from Rancho San Rafael Regional Park

Can only family members be named as the beneficiary to my life insurance?
You can name anyone as your beneficiary, regardless of your relationship. However, if you name a minor, the life insurance company will typically place the benefit in a Trust until that minor turns 18 years of age.