Legal Question in Wills and Trusts in Ohio
a will versus a benificiary
my husband has his mother listed as a benificiary to a savings account and a life insurance policy but i am listed in the will to receive everything. does a will supsede a benificiary or does that stand seperate on its own as a legal obligation
Asked on 5/21/07, 4:26 pm
1 Answer from Attorneys
Robert Rosplock
Rosplock & Perez
Re: a will versus a benificiary
The beneficiary designation takes precedence. The will controls only probate assets. Assets with designated beneficiaries pass by contract to the named beneficiary, and are not probate assets. Your husband's mother will receive the assets you describe unless the beneficiary is changed.
Answered on 5/22/07, 9:14 am
Related Questions & Answers
-
Witness'es how do i supena a witness,my-self Asked 5/16/07, 3:36 pm in United States Ohio Probate, Trusts, Wills & Estates