Legal Question in Wills and Trusts in Colorado
probate
Does the term ''payable upon death''to a beneficiary on a certificate
of deposit or an insurance policy supercede the terms of a will and
thus not become part of the estate
Asked on 2/23/04, 6:03 pm
1 Answer from Attorneys
Bernard Greenberg
KOKISH & GOLDMANIS, P.C.
Re: probate
The general answer to your question is yes, however there are exceptions to this general rule, so you should check with your attorney before proceeding.
Answered on 2/23/04, 6:06 pm