Legal Question in Wills and Trusts in Tennessee
estate law
If a heir is listed as beneficiary on a singular financial investment, upon execution of the will; Is that money exempt from the other distribution language in the will?
Asked on 10/13/08, 8:35 pm
1 Answer from Attorneys
Jerrold Bartholomew
Priority Elder Law and Estate Planning, PLC
Re: estate law
Generally yes, but it is possible to make several arguments to the contrary, especially if the estate is insolvent (doesn't have money to pay its debts) or there is some evidence that the decedent intended otherwise with the particular property. This scenarios are very fact intensive and difficult to address in a summary fashion. The short answer is: it depends.
Answered on 10/14/08, 9:28 am
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