My father died with naming his mother as beneficiary of his retirement pay off. His mother passed away 11 years ago. It reads the deceased children which they told me it would be his mother's two living children my dad's brother and sister. He has 4 living children and I would think that it would go to his children not his brother or sister.
Answered on: 2/20/13, 12:27 pm by Matthew Johnson
I'm having trouble understanding exactly what you mean in the third sentence on.
Essentially this would depend on the wording of the designated beneficiary document. If he had secondary designated beneficiaries, then the money would go to them. If there were no additional beneficiaries, then the property would be distributed as per his Will or intestate succession. If he only had two children and no wife, then the two children would split the estate.
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