Legal Question in Wills and Trusts in Michigan

cd/401k

I am the trustee/beneficiary in my mothers trust. The Trust clearly states 150,000. to my brother upon her death. her CD/401k has 180,000 in it and he is listed as beneficiary for that account. If she dies will he get more than the 150,000?


Asked on 3/03/08, 8:24 am

1 Answer from Attorneys
Christopher Sevick Law Office of Christopher Sevick, PLC

Re: cd/401k

As I understand the facts, he is the beneficiary of that item and as such will be the person that does receive the value of it based on what you detailed. A named beneficiary on an account does receive it exclusive of other writings. You may wish to consult an attorney to see if there is any alternate way to address this. In addition information may be found under the estate planning education section at www.SevickLaw.com.

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Answered on 3/03/08, 8:38 am


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