Legal Question in Wills and Trusts in Louisiana
Will vs. Beneficiary
Which supercedes in Louisiana: A valid Will or Beneficiary named in previous insurance policy as to who gets the money?
Asked on 6/12/04, 12:29 am
1 Answer from Attorneys
Perry Staub
Taggart Morton
Re: Will vs. Beneficiary
When the asset at issue in a Louisiana decedent's estate is a life insurance policy, the policy proceeds are received by the beneficiary named under the policy, not by any of the heirs or legatees in the succession. I hope this answers your question.
Answered on 6/12/04, 12:37 am