Does an ex wife get all if she is benificary on 401K and Life Insurance?

The person named on the policy is the beneficiary, unless otherwise stated in a will and testament issued by your dad, dated AFTER the date the policy was signed. you would then have grounds to contest the payment of the benefit to the ex-wife

New York is the only state that I know of currently that severs life insurance beneficiary status and other contracts with joint status with a divorce and that was only recently. In New York it would go to the estate if the ex-wife is named as the only beneficiary.

I think in Ohio the money is going to the beneficiary which in this case would be his ex-wife.

Whoever is the named beneficiary on the life insurance, gets the check. Period.

Now, if he has a NEW wife, in Ohio, it could be that SHE would automatically get the 401K money. But if he was single, then yes, if the old wife is named beneficiary, she'll get that also.

present day spouse receives no longer some thing from the existence insurance coverage. The existence insurance coverage isn't part of the valuables so the favor giving spouse a million 25% does no longer mean the proceeds of the existence insuance get divided that way. The existence insurance coverage is a contract between the insured (deceased) and the insurance organisation. till the divorce decree exceptionally states that that any existence insurance regulations might want to get replaced....the divorce decree gained't replace some thing. so a ways because the existence insurance is going....hubby replaced into married to spouse 2 for 7 years. He continued to pay on that existence insurance coverage in the time of those 7 years. hence, he replaced into conscious of the coverage and chosen no longer to regulate it. The property is the living house, monetary organisation debts, vehicles, investments etc. those will be dispensed in accordance to the favor. i trust you'll get the 25%. hence, 2d spouse might want to ask new hubby to get a coverage itemizing her as beneficiary in the previous he dies. yet at the same time as uncertain, contact a probate criminal professional.

Right. If he didn't change the beneficiary then the beneficiary doesn't change.