Legal Question in Family Law in Florida
beneficiary vs. will
my wife is the sole beneficiary on my brokerage account. when I die my will states that my children will split my estate, excluding my wife. Does she still get the full amount of the brokerage account as sole beneficiary?
Thank You,
2 Answers from Attorneys
Re: beneficiary vs. will
she should receive the proceeds of the brokerage account. If you really want to make sure then why not update your will. You don't have to draft an entirely new will, you can execute a Codicil.
Re: beneficiary vs. will
Yes, she still receives the entire brokerage account. Also, you need to speak with a lawyer about excluding your wife from your will. Florida law generally disallows it, or, at least, Florida law will give your wife a part of your estate anyway, even if you try to cut her out. You'll have to get help from an estate planning lawyer to do what you want to do.
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