How do I get annuities paid if beneficiaries died? | NC

About this video

Q: How can I get annuities paid after a parent dies if the named beneficiaries also died? A: Start with the annuity contracts. Annuities usually pay according to the beneficiary designation first, not the will. So the company must decide whether there is any living primary or contingent beneficiary, or whether the contract says the money goes to the estate if all beneficiaries died first. You…