FAQs | Can I change the beneficiary on my life insurance policy in my Will? | Toms River Attorney | Ocean County Lawyer

 

Estate Planning Attorneys · FAQs – Estate Planning

 

Can I change the beneficiary on my life insurance policy in my Will?

No. A life insurance policy is a non-probate asset which is controlled by contract. Any asset that you own for which you filled out beneficiary paperwork is likely a non-probate asset, controlled by contract. If you wish to change the beneficiaries for a contract-controlled asset like a life insurance policy, you should contact the vendor directly and follow their instructions.

If you have questions about whether a particular asset is a non-probate asset or would like to create or update your estate plan, contact a Toms River attorney at Costanzo & Russom Law Group for assistance.

NOTE: This page is for general information only and is not to be solely relied upon. If you have specific inquiries, contact a Toms River attorney at Costanzo & Russom Law Group today!

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