Legal Question in Real Estate Law in New York
my brother lived and worked in New York. He passed away 2 weeks ago. he had life insurance, but did not designate a beneficiary. there is no spouse and no children. would the beneficiary revert to our mother?
Asked on 10/02/12, 1:51 pm
1 Answer from Attorneys
Kevin Connolly
Kevin J. Connolly
His estate is the beneficiary. Big mistake, it would be tax exempt and immune from creditors
Answered on 10/02/12, 2:10 pm