Remember When You Named Your Girlfriend as a Beneficiary? He Didn't Either
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Re: Remember When You Named Your Girlfriend as a Beneficiary? He Didn't Either
#2If I was on the receiving end of something like this I’d just give the money back.
Re: Remember When You Named Your Girlfriend as a Beneficiary? He Didn't Either
#3If I was on the receiving end of something like this I’d just give the money back.
> back
To whom? The deceased person?
Re: Remember When You Named Your Girlfriend as a Beneficiary? He Didn't Either
#4Re: Remember When You Named Your Girlfriend as a Beneficiary? He Didn't Either
#5If I was on the receiving end of something like this I’d just give the money back.
May not be that easy.
Sounds like “disclaiming” must take place within 9 months of death.
https://www.investopedia.com/articles/06/refuseinheritance.a...
Re: Remember When You Named Your Girlfriend as a Beneficiary? He Didn't Either
#6If I was on the receiving end of something like this I’d just give the money back.
Many wouldnt though.
An statement by rich software developer does not extend to a significant part of a population.
Re: Remember When You Named Your Girlfriend as a Beneficiary? He Didn't Either
#7If I was on the receiving end of something like this I’d just give the money back.
> back To whom? The deceased person?
The deceased person's estate, yeah. Often it's possible to simply disclaim an inheritance and you would therefore never receive the money; but sometimes that means it would go to your heirs.
With a $1M account, it's a lot easier to say you would return it than to actually do it though. That's life changing money and it's hard to say no to life changing money.
Re: Remember When You Named Your Girlfriend as a Beneficiary? He Didn't Either
#8If I was on the receiving end of something like this I’d just give the money back.
> back To whom? The deceased person?
Yeah. To their "estate". It's mentioned that some of his assets that didn't have a beneficiary named landed there and I think they were to be split according to the will of the deceased.