Legal Question in Wills and Trusts in Indiana
In the state of Indiana if a person in 1999 lists person A as beneficiary on a profit sharing account and an investment account but in 2007 lists person B as beneficiary of the estate does person B get the profit sharing account and investment account?
Asked on 1/07/10, 6:03 am
1 Answer from Attorneys
Jay Rigdon
Rockhill Pinnick LLP
The wording of the beneficiary designation controls unless person A was a spouse who divorced the decedent after 1999.
Answered on 1/12/10, 6:23 am