M
marty2k
Guest
I live in North Carolina and have a will which leaves everything to my wile if she survives me or if not, everything is divided amoung our 4 children.
My question applies to my IRAs and 401Ks and life insurance policies. All of the above list my wife as my only beneficiary.
If she does not survive me, will the monies from the IRAs 401K and Life insurance default to my will and be divided amoung the children, or do I have to specifically change the IRAs, 401Ks and Life insurance to specify secondary beneficiaries?
Thank you,
Marty
My question applies to my IRAs and 401Ks and life insurance policies. All of the above list my wife as my only beneficiary.
If she does not survive me, will the monies from the IRAs 401K and Life insurance default to my will and be divided amoung the children, or do I have to specifically change the IRAs, 401Ks and Life insurance to specify secondary beneficiaries?
Thank you,
Marty