Nevada  |  Wills and Trusts

Legal Question

Asked on: 2/26/13, 9:08 am

I am named second on a friends will, The first named refused. The house is mortgaged and he owes about the same value of what it can sell for. There is nothing else of value. If I refuse , like first named did, to take on deceased debts, would I still be able to collect if my name is listed as beneficiary for an IRA or life insurance?

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