Your Ex-Spouse Can Still Inherit Your 401(k) Twenty Years After the Divorce. The Beneficiary Form Overrides the Will, and the Supreme Court Said So
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The post Your Ex-Spouse Can Still Inherit Your 401(k) Twenty Years After the Divorce. The Beneficiary Form Overrides the Will, and the Supreme Court Said So appeared first on 24/7 Wall St..
A divorced parent writes a will leaving everything to two adult children but never updates the 401(k) beneficiary form filed during the first marriage. Twenty years after the divorce, the parent dies with $500,000 in the plan. The plan administrator pays the ex-spouse. Under the rules below, the children name
A divorced parent writes a will leaving everything to two adult children but never updates the 401(k) beneficiary form filed during the first marriage. Twenty years after the divorce, the parent dies with $500,000 in the plan. The plan administrator pays the ex-spouse. Under the rules below, the children name
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