does a will supercede a ira beneficary

Message Author
ampm-bookmark
delicious-small Add to del.icio.us
yahoomyweb-small Add to YahooMyWeb
simpy-small Add to Simpy
blinklist-small Add to BlinkList
PostPosted: Sun Jun 07, 2009 8:06 pm   Post subject: does a will supercede a ira beneficary  

does a will drafted in 1993 by wife leaving all to husband supercede an ira leaving grandson beneficary
Callie
New member
Leave a quick message


Joined: 07 Jun 2009
Posts: 1


1.48 Dollars($)

PostPosted: Mon Jun 08, 2009 8:06 am   Post subject:   

Nope, the will wouldn’t supercede the IRA if a beneficiary is designated to receive the benefits. The will would apply to the assets hold by the deceased and the beneficiary would control the IRA account.

Now, if you let us know more about the incident we would be able to comment on it more efficiently. Have you encountered any such situation where the will acted over the IRA beneficiary status?

~Jeremy
JeremyHolter
Senior member
Leave a quick message

Jeremy Holter
Joined: 06 Jun 2007
Posts: 1194


210.30 Dollars($)

PostPosted: Mon Jun 08, 2009 10:54 am   Post subject:   

I vote no as well..the beneficary stands and is not part of the will
_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr.
Lori
Moderator
Leave a quick message

Lori
Joined: 10 Sep 2007
Posts: 8173

Location: Missouri
287.90 Dollars($)

Quick Reply
Your Name
Subject
Message body
All times are GMT
Page 1 of 1


Get Free Insurance Quote
*State:
*Insurance type:

Ask Community Experts

flash plugin

Quick Links
Must See
Community
Insurance on Facebook
Hot topics in forums

Latest in blogs



Page loaded in 0.194 seconds.