Legal Question in Wills and Trusts in Massachusetts
On a bank account, second beneficiary 4 months ago, beneficiary was never changed. Now first person died, who inherits, the second person's widow or the first person's will takes effect ?
2 Answers from Attorneys
The question is a little vague. If the account in question has a beneficiary, then usually the funds will go to the beneficiary without passing through probate. If there are more probate assets, you should consider consulting with a probate attorney to assist you with the estate administration.
Please let me know if I can assist you -
I agree that the question is a little confusing.
There is so much missing information, and the details are extremely important. Please give me a call if you would like some assistance or would like to schedule a consultation and documents review. I'd be happy to meet with you!
+ What does "second beneficiary 4 months ago" mean?
+ Is the owner of the account dead or alive?
+ In what order have the individuals in question passed away?
+ Who is the "first person" who died? First beneficiary? Owner of the account?
+ Did the owner of the account have a will?
+ What type of account is this? Were the beneficiaries named on the account, or named in the will?
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