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<blockquote data-quote="Allen" data-source="post: 235526" data-attributes="member: 389"><p>note: DPOA = Durable Power Of Attorney</p><p></p><p>I think. </p><p></p><p></p><p>Second note: <strong> Beneficiaries listed on insurance, or co-owners of checking accounts trump anything you put in a will.</strong></p><p></p><p>On that second note, this means that if you were married 10 years ago and took out an insurance policy, the insurance company will write the check for your demise according to whoever you put down as the beneficiary. So if you have gotten a divorce or had a kid in the following years, your beneficiaries list may be incomplete on insurance policies, final benefits from your work, etc. In order for your insurance check to be included in your estate, there should be an option to list "Estate of Allen" as the beneficiary. Or maybe that company or your attorney will have better words to put in there. You <span style="font-size: 12px"><span style="color: #ff0000"><u><strong>WOULD NOT BE THE FIRST </strong></u></span></span>idiot to leave a hefty insurance check to your ex-wife/husband by simply failing to update your beneficiaries with each insurance policy and at work. Actually, I just found out recently that I still had my ex listed as a beneficiary to something that would have given her a bonus upon my demise. I know damn well I filed a new beneficiary form upon my divorce, but it must have gotten lost in the mail, thrown in the trash, or ????. I only discovered it by accident as I was updating some other info. So after you change things, check back after a little while to make damn sure the changes were applied!</p></blockquote><p></p>
[QUOTE="Allen, post: 235526, member: 389"] note: DPOA = Durable Power Of Attorney I think. Second note: [B] Beneficiaries listed on insurance, or co-owners of checking accounts trump anything you put in a will.[/B] On that second note, this means that if you were married 10 years ago and took out an insurance policy, the insurance company will write the check for your demise according to whoever you put down as the beneficiary. So if you have gotten a divorce or had a kid in the following years, your beneficiaries list may be incomplete on insurance policies, final benefits from your work, etc. In order for your insurance check to be included in your estate, there should be an option to list "Estate of Allen" as the beneficiary. Or maybe that company or your attorney will have better words to put in there. You [SIZE=3][COLOR=#ff0000][U][B]WOULD NOT BE THE FIRST [/B][/U][/COLOR][/SIZE]idiot to leave a hefty insurance check to your ex-wife/husband by simply failing to update your beneficiaries with each insurance policy and at work. Actually, I just found out recently that I still had my ex listed as a beneficiary to something that would have given her a bonus upon my demise. I know damn well I filed a new beneficiary form upon my divorce, but it must have gotten lost in the mail, thrown in the trash, or ????. I only discovered it by accident as I was updating some other info. So after you change things, check back after a little while to make damn sure the changes were applied! [/QUOTE]
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