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Intestacy: Dying without a will In New Hampshire in the absence of a will, a surviving spouse inherits the entire estate unless the decedent and the spouse share descendants, in which case the spouse inherits the first $250,000 of the estate plus half the balance.
Disputing who was named as the beneficiary can be a complicated, expensive ordeal. Only the court may overturn the person named as beneficiary. Insurance companies cannot change or alter the beneficiary without a court order to do so.
A beneficiary designation usually overrides the terms of a will, and you might cause confusion for the people you leave behind if you include something in your will and then name someone else to receive it through a beneficiary designation.
Most beneficiary designations will require you to provide a person's full legal name and their relationship to you (spouse, child, mother, etc.). Some beneficiary designations also include information like mailing address, email, phone number, date of birth and Social Security number.
When a beneficiary can't be determined, the benefit is often instead paid out to your estate. The proceeds and the rest of your property and investments will be distributed ing to your will, the insurance contract details and state law. The contract will go into probate if there isn't a beneficiary on file.