QUESTION
How can leave my daughter out of my will?
Asked on Oct 02nd, 2018 on General Practice - Massachusetts
More details to this question:
My adult daughter is an addict. I am looking into my beneficiary forms from work and want to omit her because I feel she cannot be responsible with any money. I have two sons and a grandson whom I would like to leave the insurance and retirement to.
1 ANSWER
You are not required to leave anything to your daughter. Moreover, certain assets, such as insurance proceeds, pass outside of a will based on who the designated beneficiary is. If, for example, you have made your grandson your beneficiary under your life insurance policy, your grandson will receive the insurance proceeds, having nothing to do with any will. This can also be true about certain types of deposit accounts - you can designate the beneficiary of the account, and those monies will pass outside of your will.
Answered on Oct 03rd, 2018 at 1:38 PM