Legal Question in Wills and Trusts in New York
If my Last Will reads that everything I own goes to my spouse. Does that give my spouse rights to all assets, including those assigned to another beneficiary?
Asked on 3/09/12, 8:38 pm
2 Answers from Attorneys
Arnold Nager
Arnold H. Nager, Esquire
No, only those in your name alone with no beneficiary designated.
Answered on 3/10/12, 8:22 am
John O'Donnell
Attorney at Law
Any accounts with a beneficiary who survives you will be unaffected by your Will. Thus, the funds in those accounts will go to the beneficiary regardless of what you say in your Will.
Answered on 3/10/12, 9:21 am
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