If my mother’s Will says to be split 50% for me and 50% for my brother, what happens with an annuity of which my brother is sole beneficiary?

Get Legal Help Today

Compare Quotes From Top Companies and Save

secured lock Secured with SHA-256 Encryption

If my mother’s Will says to be split 50% for me and 50% for my brother, what happens with an annuity of which my brother is sole beneficiary?

Does that stay 100% to the beneficiary or does the will override and this gets split?

Asked on August 19, 2014 under Estate Planning, Connecticut

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 9 years ago | Contributor

An annuity is one of those assets of a decedent that can pass "outside the estate" meaning that if there is a valid designation of beneficiary form in place it passes to that person who is designated and is not considered part of the decedent's estate for distribution.  So no, it goes to your brother 100%.  


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

Get Legal Help Today

Find the right lawyer for your legal issue.

secured lock Secured with SHA-256 Encryption