How can I change the beneficiary of my Will?
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How can I change the beneficiary of my Will?
I am single with no children. My brother is the only beneficiary in my Will but he now has dementia. I would like to change my Will and leave my estate ($450,000) to his wife, my sister-in-law. Can I do this without legal consequences?
Asked on July 26, 2014 under Estate Planning, Pennsylvania
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 9 years ago | Contributor
Yes, you can leave your estate to whom ever you choose. The only person who would have recourse is a spouse, and that would not apply if you were in Georgia. So you should be fine. I would, though, speak with an estate planner about how to do that without huge tax consequences to your estate and to make sure that everyone you wish to be taken care of would be. Good luck.
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