Which of the following individuals cannot be designated as a beneficiary?

Designating a beneficiary typically involves identifying individuals or entities that will receive benefits from a financial account, life insurance policy, trust, or similar instruments upon a triggering event, such as death.

Individuals who are explicitly prohibited by law from receiving donations cannot be designated as beneficiaries because the laws governing such matters prevent any transfer of assets to them. This could encompass various situations, such as those involving individuals who have been convicted of certain crimes or those who are under legal restrictions due to mental incapacity.

Minors can actually be designated as beneficiaries, though there may be special provisions in place regarding how their inheritance is managed until they reach the age of majority or are otherwise deemed capable of managing their own finances. Similarly, creditors, while they may not traditionally be seen as beneficiaries in the same context, can receive payment or benefits from the estate or account, especially if debts are owed.

Thus, the correct answer emphasizes that only individuals or entities that are legally permissible to receive such benefits can be designated as beneficiaries, underscoring the importance of adhering to legal restrictions in these decisions.