Completed beni form while single, then later gets married
What happens under this scenario:
The account (IRA or retirement plan) owner is single and names a beneficiary. Later, the account owner gets married (to someone other than the named beneficiary), does not update the beneficiary form and the spouse never signs a spousal consent. The account owner is still married upon death. Who is the beneficiary?
Thank you
Permalink Submitted by Bruce Steiner on Wed, 2008-05-14 22:09
Check the elective share rules in the applicable state. They vary from state to state.