[WSBAPT] beneficiary designation lapse

[Steve King]

I’d check with the company to see what their default option is. It’s usually issue per stirpes, but occasionally it will be per capita.

Sent from my iPhone

On May 3, 2021, at 5:00 PM, Robert R. Cole <cole-gilday at stanwoodlaw.net> wrote:



The designation to Decedent's children for the financial institution  read:  Child A 25%; Child B 25%, Child C 25%, Child D 25%.  Child D predeceased leaving lineal descendants.  I see three possibilities....  So which is it?  Thanks for your expertise.

--

Very Truly Yours,
Robert R. Cole
Law Office of Cole & Gilday, P.C.

10101 - 270th St. NW
Stanwood, WA 98292
(360) 629-2900 (Telephone)
(360) 629-0220 (Fax)

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