Anonymous wrote:Hmm, quick question for the law-talkers:
Let's say I have my 401k and name my wife -- then my 3 kids -- as beneficiaries. My wife predeceases me.
Then I kick it. But for whatever reason, they don't notice my 401k until after my oldest daughter dies.
If this is what happens here, my oldest daughter's kids might have some cause for complaint, since my intentions were made known, and I can't exactly force the 401k people to distribute the funds to the correct beneficiaries (or have my executor notify the 401k people).
I'm sure there are blanket provisions in the law, but usually, people do specify where the money goes if the first named beneficiary dies before they inherit.