What happens if my beneficiary dies at the same time as me?
Under the Act, “simultaneous” death can actually apply to people who pass away within 120 hours from each other. In states that have adopted this policy, each person's estate would go to their own next beneficiaries, rather than rerouting into the now-deceased primary beneficiary's estate.Jun 6, 2023
Under the Act, “simultaneous” death can actually apply to people who pass away within 120 hours from each other. In states that have adopted this policy, each person's estate would go to their own next beneficiaries, rather than rerouting into the now-deceased primary beneficiary's estate.Jun 6, 2023
