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What happens in estate with beneficiary outside of will? |
Have a question on a will. Decedent's will states that "all remaining money" after closing out estate to be divided amongst siblings. However one of the siblings was listed as the sole beneficiary on a retirement account. The best person to ask, if you are the executor, is your attorney. Beneficiary is separate from the estate. In other words, that sibling will get more money. It could be because that person was a caregiver or in some other way contributed more to the decedents life. Retirement accounts are not part of the estate and will go directly to the named beneficiary. |
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