Panel Affirms Award Of IRA To Decedent’s Ex-Wife As Not Invalidated By Divorce

(April 24, 2024, 12:54 PM EDT) -- KANSAS CITY, Mo. — A Missouri appellate court on April 23 affirmed a lower court’s judgment awarding a decedent’s ex-wife the proceeds of his individual retirement account (IRA) for which he named her as the primary beneficiary before they divorced, finding that though the divorce decree released the ex-wife’s claims to inherit through the probate estate, it did not “limit her ability to receive proceeds from Decedent through a non-probate transfer.”...

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