The company that issued the annuities will distribute them to the beneficiaries, as listed.
Can that be changed after my father had originally listed the beneficiaries both in name and amount?
Yes, your father could have changed that while alive. If you're asking if that can be changed now...not likely.
So, here is the million dollar question. Could my sister (who had him living with her in SC), have had him make changes to that? If so, would that stand if it could be proven he was not in his right mind? It's a long story...suffice to say my sister has been shady about my father after moving him away from my middle sister and I. We already got intel that she changed his will. I just wonder if she would have been start enough to change the annuity benefficiaries as well.
If it can be proven your father was not competent or the changes were made under duress, yes, there is a possibility the changes can be reversed.
Thank you so much for your answers. You have been a great help.
You are absolutely right. My middle sister and I have just thought about walking away from it all if we find out she had him change benefeciary amounts (while he was suffering from dementia and getting ready to go in for quadruple bypass surgery after a heart attack). But my father, in his right mind, would have NEVER made a difference in the money he left to his kids. I know this. My youngest sister has been bleeding him dry for years since she moved him to Myrtle Beach. We know this for a fact. It's really NOT about the money...it's about how she coerced and manipulated him to her own benefit. I just don't thing someone should be able to get away with such a heinous thing. If my father is looking down from heaven right now, he would be so upset about the whole thing.