‘How do I initiate having this uncomfortable conversation with my grandfather?’
My grandfather, 86, recently changed his will to specifically exclude my mother — his daughter — and leave everything to me.
His current girlfriend, 80, has been listed as executrix, and in the event of her death, I will be executrix of his will. What could happen if this goes to court? How do I initiate having this uncomfortable conversation with my grandfather?You can email The Moneyist with any financial and ethical questions related to coronavirus at [email protected], and follow Quentin Fottrell on Twitter.
Of course, there are cases of a person forgetting to update their beneficiaries. As this Supreme Court case shows, citing state law, the children of the deceased were awarded the proceeds from a life-insurance policy even though the ex-wife was still listed as a beneficiary. Other times, couples agree to maintain beneficiary arrangements as part of their divorce agreement.
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