medium · Certified Financial Planner Estate Planning
The Ricci family recently completed a divorce. Marco Ricci updated his will to leave all assets to his sister, Elena. However, his traditional IRA beneficiary designation still names his ex-spouse, Sofia.
If Marco were to pass away today, which mechanism determines the recipient of the IRA assets?
- A court-appointed executor based on Marco's intent
- The IRA beneficiary designation naming Sofia
- The will naming his sister Elena
- The state's intestacy laws due to the conflict
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