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Can a beneficiary of an IRA name a successor beneficiary in the state of Minnesota?
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Can a beneficiary of an IRA name a successor beneficiary in the state of Colorado?
No. A beneficiary has no authority to name a beneficiary of another's property. Only the principal can name the beneficiary. Generally, if the primary beneficiary declines to accept the inheritance then the gift will lapse and the property will be included in the estate.
What is the name of the Minnesota state basketball team?
minnesota state timber wolves
Do you need spousal consent to name another beneficiary on your IRA?
Yes, the beneficiary of an inherited IRA (AKA beneficiary IRA) can name a beneficiary to that account. In the past, this was not really allowed so some form may still practice as such.
What is the name of Minnesota land?
Minnesota is a state in the United States. Its land is called Minnesota.
What is Minnesota state birds scientific name?
The common loon (Gavia immer) is the Minnesota state bird.
A friend left something in a will to your mother but your mother has died who does it go to?
There are several possibilities. The gift may have been intended for your mother only and not to be passed on to her heirs. Alternatively, the friend's will may name you as your mother's successor beneficiary . However, many wills fail to address the possibility that the named beneficiary may die before the testator. If no successor beneficiary was named then the legacy would lapse and fall into the residuary of the estate. If there is no residuary clause in the will then the legacy will pass as intestate property.
What is Minnesota's origin state's name?
I really do not know but you can look in recent book of minnesota.
What is The name of Minnesota's baseball team?
The Minnesota Thunder are the state's professional soccer team.
What is the name of the westernmost port city on the Great Lakes?
Duluth (in the state of Minnesota) is the name of the westernmost port city on the Great Lakes.
What is the name of Minnesota's state tree?
red pine
Is Serbia recognized as successor State?
Serbia is a successor State of FRY. Federation of Serbia and Montenegro (post-2002 name for FRY) was recognised as the continuation of the SFRY(1945-91). In 2006, when Montenegro declared independence, Serbia became successor State of Federation of Serbia and Montenegro (FRY).
What happens if beneficiary named on life insurance policy dies before the policy holder?
The policy holder has the choice to change the name of the beneficiary at any time, including after the death of a named beneficiary. If the policy holder doesn't change the name of the beneficiary after the beneficiaries death, depending on what state you live in it goes to next of kin.
