A $500,000 Estate Planning Mistake (Part 2)
Last week we were talking about Mary, who is losing out on a $500,000 401k her husband left to her in his will. So, why is the 401k custodian telling her she isn’t entitled to it? The reason is that the will does not automatically control how all property
A $500,000 Estate Planning Mistake
Mary called after her husband, John had died. She had questions about his will and his 401k. Mary was John’s second wife and he had two daughters from his first marriage. Between his first and second marriages, John had designated his daughters as the beneficiaries of his life insurance