monamona
1 Answer
doolittle
I believe this would be best decided by the Will. Usually one parent leaves the other parent (If there is one) everything..and when the second parent dies the beneficiary is named in the Will. However, many parents ask that all leftover monies be split between children...Or the children each get a %, the grandkids get a %...etc. With No will the money usually goes into probate- and generally gets split between the children (the beneficiaries). Pensions are funny things- Some companies only allow a spouse to receive them, other companies will accept any beneficiary. I hope this helps. Sorry for your loss.
| 14 years ago. Rating: 1 | |
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