How to Determine Inheritance if the Intended Beneficiary Is Deceased
Analyze when the beneficiary died.. Check if an alternate beneficiary was named.. Find who inherits the residuary estate.
Steps
1
Analyze when the beneficiary died.
Analyze when the beneficiary died.
2
Check if an alternate beneficiary was named.
Check if an alternate beneficiary was named.
3
Find who inherits the residuary estate.
Find who inherits the residuary estate.
4
Find your state's "anti-lapse" statute.
Find your state's "anti-lapse" statute.
5
Check if the deceased beneficiary was a relative.
Check if the deceased beneficiary was a relative.
6
Identify who inherits in the place of a related beneficiary.
Identify who inherits in the place of a related beneficiary.
7
Read your state's intestacy laws.
Read your state's intestacy laws.
8
Identify assets that are not subject to the probate process.
Identify assets that are not subject to the probate process.
9
Analyze trust documents.
Analyze trust documents.
10
Track down the decedent's 401(k)s and/or IRAs.
Track down the decedent's 401(k)s and/or IRAs.
11
Ask about life insurance policies.
Ask about life insurance policies.
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