Legal Question in Insurance Law in New Jersey

Life Insurance Policy and Wills

My father passed away and his last will and testiment states that all material wealth and property should be equally divided amoung his children. However, one life insurance policy has one sibling as the sole beneficiary. Should that policy also be equally distributed or does the named beneficary get the claim on the insurance?

Thanks


Asked on 4/29/04, 8:18 pm

1 Answer from Attorneys
John Ducey Law Offices of John G. Ducey, PC

Re: Life Insurance Policy and Wills

The named beneficiary gets the proceeds of the insurance policy. For any other questions, feel free to give me a call to discuss 732-286-2170.

John

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Answered on 4/29/04, 10:41 pm


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