If I signed over my position as execator of my uncle’s Will to my sister, does that mean insurance policies with my name as beneficiary are part of the estate?
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If I signed over my position as execator of my uncle’s Will to my sister, does that mean insurance policies with my name as beneficiary are part of the estate?
Asked on March 13, 2013 under Estate Planning, Michigan
Answers:
Victor Waid / Law Office of Victor Waid
Answered 11 years ago | Contributor
The signing of executor position over to some one else, can only be accomplished by the person executing the will; if that person is deceased, then executor change in the probate is accomplished by petition to the court; in either case, your beneficiary designation is not changed on life insurance policies.
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