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There is no single answer to your question because the facts may be different in different cases. First, the insured should change the beneficiary designation if a named beneficiary dies before the insured's death. That will avoid problems later.

A beneficiary designation may include additional instructions when two or more beneficiaries are named. First, the insured can name "contingent" beneficiaries who will take a deceased beneficiaries share- on any life insurance policy. Second, the beneficiaries may be named as beneficiaries "per stirpes" or as "joint with the right of survivorship" where if one dies their share passes to the Survivor.

You need to check the designations on the particular insurance policy, the policies of the particular insurance company and the laws in your jurisdiction.

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โˆ™ 2016-10-21 12:57:47
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โˆ™ 2016-10-21 12:41:00

It goes to the heirs if both beneficiary's were "primary" You might also consider "contingent" beneficiary designation.

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Q: If there are two beneficiaries and one dies previous to the insured do proceeds go to the surviving beneficiary or half to the dead beneficiary's heirs?
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Who can contest a will?

Any natural beneficiary of the deceased has standing to contest the will. Beneficiaries of a previous will may also have standing to contest it. You will need to talk to an attorney in your state to work on the process.

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When the policy holder dies, the money goes to the beneficiary. If the beneficiary then dies, THEIR beneficiary then gets the money.

If you are your ex-spouses beneficiary on a life insurance policy are the ex's children from a previous entitled to a childs' part?

== == It's all a function of who's listed as the beneficiary. If someone doesn't agree and brings a lawsuit about it - The Insurance Company will probably just ask the court to decide - It would be wise to plan ahead and set up trusts, change beneficiaries, whatever so that the insured's desires are met.

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Some life insurance policies have an "irrevocable" clause, meaning, once you designate a beneficiary, that's the only beneficiary that can be designated. Stated otherwise, the owner of the policy cannot him/herself change the beneficiary without the consent of the beneficiary (hence, the use of the term "irrevocable"). If that consent can be obtained, the insurer will have forms that must be completed with a great degree of formality, in order to effect the change. The insurer will be concerned that all formalities are observed so that when the insured dies, it is not faced with conflicting claims to the proceeds.

What rights do your deceased husbands children from a previous marriage have if you are the beneficiary of the policy he took out during your marriage?

They have no rights in that particular policy. The proceeds will be paid over to you bypassing probate.

Can the beneficiary of a previous will contest the amended one if it does not mention them?

Of course, you can contest the will. From your question, it appears you are doing so, now. You stand scant chance of prevailing in court against a properly executed will, though.

Does the previous executor have to be notified of any changes or issue of a new will if a new will is written does the executor who is also a beneficiary need to be advised in writing?

There is no reason to inform anyone. It isn't any of their business who is named in the will.

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No, that would not be permissable. There are few places that allow common law spouses, so check that carefully.

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