Legal Question in Wills and Trusts in California

My brother died a short time ago. he worked for several years for the University of Iowa. Part of his bemefits package was that the university paid in to a retirement account for him. The person that he had listed as the beneficiary on this retirement account died before he did and my brother never named a different beneficiary. They are telling us that since he didn't name a new beneficiary, the money in that retirement goes back to the university since they paid into it and not to his survivors. Is this correct? Was this not part of his wage and as such, his money?


Asked on 5/03/12, 8:04 pm

1 Answer from Attorneys
Michele Cusack Pollak & Cusack

That is a very interesting question. I would think that the retirement account should go to your brother's estate, but you would need to post it for an Iowa attorney, not California.

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Answered on 5/03/12, 9:17 pm


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