Legal Question in Wills and Trusts in Texas
My mother in law wants to have our childrens social security numbers for her 401k, life insurance, and to set up accounts in their names. Can she use her will to direct money from the life insurance, 401k, and any other monies she might want to give to them? I am hesitant to give out their personal information but she says she is required by all companies to include this information as there is no other way to distribute money to them after she dies.
Asked on 10/30/12, 11:24 am
1 Answer from Attorneys
Mark Dunn
Mark D. Dunn
Give her the children's social security numbers. I doubt that she wants to steal their identities.
Answered on 11/01/12, 6:57 am
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