Does a Will override beneficiaries that are already listed on assets?
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Does a Will override beneficiaries that are already listed on assets?
If in my Will I have determined an allocation of assets to be split among 3 family members yet only have 2 beneficiaries listed on accounts. Do I need change this?
Asked on April 14, 2011 under Estate Planning, Georgia
Answers:
S.L,. Member, California Bar / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
Your Will will be controlling and will determine which assets are distributed to your designated beneficiaries. Your Will should clearly identify the beneficiaries and the accounts to resolve any ambiguity.
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