Legal Question in Wills and Trusts in Maine

IRA beneficiary

If I name my 2 daughters as joint beneficiaries on my IRA will they inheirit it even tho in my will my husband is beneficiary of the rest of my estate?


Asked on 2/04/07, 10:20 am

1 Answer from Attorneys
Jerome Gamache Ainsworth Thelin & Raftice, P.A.

Re: IRA beneficiary

Beneficiary named assets like Life Insurance and IRAs will go to the person(s) named, such as your daughters, separately from the provisions in your Will. Think of it as if the IRA passes to them a second before the terms of your Will kick in.

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Answered on 2/05/07, 11:12 am


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