What happens if my spouse named an adult child as beneficiary? | NC

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Q: What happens if my spouse named an adult child as the beneficiary and never changed it before passing away? A: In most cases, the beneficiary form controls. That means a pension, retirement plan, life insurance policy, or payable on death or transfer on death account will usually be paid directly to the adult child who is still listed—rather than to you, and rather than to the estate—even if…