My grandfather, 86, recently changed his will to specifically exclude my mother — his daughter — and leave everything to me. Should I ask him if she's still a beneficiary of his retirement account? The Moneyist weighs in:
My grandfather, 86, recently changed his will to specifically exclude my mother — his daughter — and leave everything to me.
His current girlfriend, 80, has been listed as executrix, and in the event of her death, I will be executrix of his will. What could happen if this goes to court? How do I initiate having this uncomfortable conversation with my grandfather?You can email The Moneyist with any financial and ethical questions related to coronavirus at [email protected], and follow Quentin Fottrell on Twitter.
Of course, there are cases of a person forgetting to update their beneficiaries. As this Supreme Court case shows, citing state law, the children of the deceased were awarded the proceeds from a life-insurance policy even though the ex-wife was still listed as a beneficiary. Other times, couples agree to maintain beneficiary arrangements as part of their divorce agreement.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jennifer Lawrence Is Expecting a Baby With Husband Cooke MaroneyShe's DEFINITELY going to be the fun mom.
Read more »
Parenting, Baby Names, Celebrities, and Royal News | CafeMom.com
Read more »
Megan Thee Stallion Says It's Her Job to Make Men Uncomfortable'Once they come to grips with who they are, maybe they'll grow up.'
Read more »
Kristine Froseth Is Ready for Her Close-UpThe actress and Chanel darling is set to star in the upcoming Lena Dunham film Sharp Stick—and she’s just getting started.
Read more »
Kristine Froseth Is Ready for Her Close-UpThe actress and Chanel darling is set to star in the upcoming Lena Dunham film Sharp Stick—and she’s just getting started.
Read more »
How the Delta variant bottlenecked Biden’s presidencyThe White House had grand plans for the summer and fall. Now, everything comes down to getting the pandemic under control again.
Read more »