Legal Question in Wills and Trusts in Illinois
Wills
A will was written by my sister leaving all of her insurance and stocks to me in the will but she did not make the apporiate changes to her policies and stocks. Who will receive the monies from the policies and stocks? Will it be the person on the will or the person(s) on the policies and stocks?
Asked on 4/16/06, 8:38 am
1 Answer from Attorneys
Amy DeLaney
DeLaney Law Offices, Ltd.
Re: Wills
The beneficiary designation will generally prevail unless there are issues regarding competency at the time a beneficiary was designated, or other issues which make the designation invalid.
Answered on 4/19/06, 3:18 pm