Final answer:
The option that is not available when the only logical beneficiary is a minor is paying the benefit to the minor directly, as minors are not competent to manage their own finances. A guardian can be appointed, a trust can be set up, or the benefit can be distributed to the minor's parents or legal guardians in accordance with state laws.
Step-by-step explanation:
When the only logical beneficiary is a minor, all of the following options are available, EXCEPT: paying the benefit to the minor directly. Minors are generally not considered legally competent to manage their own finances or estate matters. Therefore, the benefit may be managed by appointing a guardian, setting up a trust, or distributing the benefit to the minor's parents if they are still present and able to care for the child. In some cases, when parents cannot care for their children, an extended family member, such as a grandparent or aunt, or a non-relative such as a foster parent may be designated as the guardian. It's also important to consider state intestacy laws, which can control the passing of assets if someone dies without a will or trust.