QUESTION
Does a Will trump Beneficiary regarding Stock or IRA
Asked on May 24th, 2015 on Wills and Probate - New Jersey
More details to this question:
Im named as a beneficiary on a Stock IRA but Im not related to the deceased. In the will this is not noted but it is on the account. In the will the relatives gets all assets .would I still get the stock ?
1 ANSWER
2 Awards
The beneficiary designation is independent of the will and any account or asset that has a beneficiary named is not included in the probate estate, and is not governed by the Will.
Answered on Jun 01st, 2015 at 12:37 PM
Diana L. Anderson, Certified Elder Law Attorney This response is not legal advice and does not establish any form of attorney/client relationship