Re. My mom's financial planner: Who is "the beneficiary"?

you need to find out who the beneficiary is, hopefully not the planner! did your mom get a copy of the paper she signed? if not, she needs to get one and I would really make her get a different planner, he sounds like a con man to me. she can name whom ever she wants as the beneficiary. get copies if you can and if you don't understand them take them to a lawyer. sometimes we need to protect our parents and sometimes they don't read what they sign or put too much trust in other people.