Thursday, January 16, 2014

can my dad specify who he wants his mesothelioma money to go to if he passes before he gets the money?

Question

can my dad specify who he wants his mesothelioma money to go to if he passes before he gets the money?



Answer

A properly executed and attested will can transfer and specify where money goes after death, including money that is not yet received. I suggest speaking to a competent estate planning attorney.



Answer

A Will covers all assets that still exist at the time of death. So yo do not need to have the asset when the Will is prepared.



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