Certain assets avoid probate because the owner of the asset is able to name beneficiaries who will receive the benefit at the owner’s death. Life insurance is one of those assets. So when you create a Revocable Trust as part of your estate plan it is really important to update the beneficiaries of your life insurance policies to reflect your wishes and have it work with your overall plan. Here is some general information for you to consider. Naming Life Insurance Beneficiari