Appeals Court reverses decision by Judge Sazama Dec 23, 2007
Jeanine was listed as primary beneficiary, and Blodgett as contingent beneficiary. In this case, Timothy is presumed to have revoked the beneficiary designation in favor of Jeanine when the two divorced. (Chippewa Falls Chippewa Herald, WI)
Allegations of an Affair and a Forgery Ensnare Beveridge & Diamond Oct 13, 2007
Lasater actually saw her interests as a contingent beneficiary enhanced. " But Lasater says she does not know what Guttmann did with the money he borrowed. ERISA lawyers agree that there appears to be no violation by Guttmann, but there is puzzlement over the loan being approved before Guttmann signed the promissory note. "It would seem odd that a firm would permit the execution of a promissory note well after the loan had been executed to the participant," says Kenneth Robbett, an ERISA lawyer... (Law.com)
Son arrested in slaying of Laceyville family Aug 12, 2007
State police noted in the affidavit that in March 2006, Marlene Colegrove obtained a $100,000 insurance policy, naming Joseph Colegrove as the beneficiary, and Michael Colegrove as the contingent beneficiary. One of the inconsistencies state police reported finding in Mr. Colegrove s statements is he first said he didn t know of his parents will information, but later said he did. (Scranton Times, PA)
Accusing mom of stepdad's slay could net Gibian $2M Dec 2, 2006
Gibian acknowledged that he was the contingent beneficiary. "That would mean that if you point the finger at your mother, then you get all this money, right?" Prudenti asked. (Newsday)
Indiana academy wants to add more defendants to suit against Conserve School Sep 28, 2006
The Indiana school is a contingent beneficiary of Lowenstine's estate ... Conserve has also argued that it would erve Mr. Lowenstine's purpose and intent to bar Culver from receiving any benefit of the Trust because had Lowenstine known that Culver would attempt to frustrate his intent to create a school in Wisconsin as his lasting legacy he would not have provided for Culver to be a contingent beneficiary of his trust. (Forest Republican, WI)
Mutual Funds &Personal Finance Apr 22, 2006
Say Sue is the beneficiary of Richard's IRA, and Joan is the contingent beneficiary. If Sue disclaims any of the IRA, the assets pass to Joan. (Investors Business Daily)
