Life Insurance beneficiaries and contingents.?

This is a question you should be asking of your insurance rep. I don't know why you are bothering with all this % stuff. Why not change your beneficiary for each one to be separate - one for your daughter & one for your sis with a 1st contingent on each of those? Also, have you done a living, revocable trust to cover the details upon your demise? It really makes it easier for your survivors. As gruesome as it may sound paying/making funeral arrangements now sure saves a lot of stress for your loved ones. You should include that in your trust along with who gets what items/cash. We also have our house & cars in the trust so there are no details left hanging.