Do a beneficiary's rights automatically go to his wife or children?

Beneficiary rights do not automatically transfer to a spouse or children unless specified in the will or trust documents. If the beneficiary passes away, their rights may be inherited by their heirs according to state laws or the terms of the estate plan. It's important to review the specific legal documents and applicable laws to determine how beneficiary rights are handled in such situations. Consulting with an attorney can provide clarity on this matter.