Posts Tagged ‘override’
How can I make my living will override my life insurance?
I have SGLI (Servicemember’s Group Life Insurance), and I want everything I have/will earn to go to someone other than who I listed as beneficiaries.
My girlfriend will have my son in 4 months. So can I make it so that all my money goes to him when he’s born if I die before then? And I can’t contact the SGLI office, I want to write a will saying “If I were to die, I would like all my money/future monetary earnings to go to my son”. Will this legally override who I put on my SGLI form?
In short I want everything to go to my son when he’s born if I died before then and nothing to go to who I PREVIOUsly stated for all my money to go to. Will it be legal or will they say “Oh well he’s not on the SGLI so these people get the money instead”?
So would it legally override what I put on my insurance forms?? I just want to make sure