Legal Question in Wills and Trusts in Illinois

Annuities and a will.

If someone makes a person a beneficiary of some annuities and doesnt mention that person or the annuities in their will and that person passes away, who will recieve the money from the annuities?


Asked on 12/11/07, 5:36 pm

3 Answers from Attorneys
Jeffrey R. Gottlieb Law Offices of Jeffrey R. Gottlieb, LLC

Re: Annuities and a will.

The beneficiary designation would control.

Read more
Answered on 12/11/07, 5:37 pm
Joseph Michelotti Michelotti & Associates, Ltd.

Re: Annuities and a will.

The annuities are a contract between the annuity company and the annuity holder. Money always goes to the beneficiaries. Doesn't matter what it says on the will

Check out my website - www.michelottilaw.com

Any questions email me at [email protected]

Read more
Answered on 12/11/07, 5:54 pm
John Steele Steele Law Firm

Re: Annuities and a will.

Beneficiary listed by Annuity wins.

www.steele-law.com

www.familylawlifeline.com

Read more
Answered on 12/11/07, 8:39 pm


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Illinois