West Virginia Waiver of the Right to be Spouse's Beneficiary

State:
Multi-State
Control #:
US-AHI-026
Format:
Word
Instant download

Description

This AHI form is a waiver regarding the right to be the spouse's beneficiary. This form is to be used if the spouse would like to waiver his/her rights as a beneficiary and elect someone else to receive the account.

How to fill out Waiver Of The Right To Be Spouse's Beneficiary?

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FAQ

Disinheriting a SpouseSurviving spouses in West Virginia have the right to take what is called an elective share of the estate instead of inheriting under the will or as provided under intestacy laws.

Regardless of whether you are engaged or how long your relationship may have been, they would not be considered your spouse legally and therefore would only inherit if you named them in a will.

This means that you are free to set out who you want to benefit from your Estate in your Will and exclude anyone you don't want to inherit from you, including your children or even your spouse. So, technically you can disinherit anyone under your Will.

Many married couples own most of their assets jointly with the right of survivorship. When one spouse dies, the surviving spouse automatically receives complete ownership of the property. This distribution cannot be changed by Will.

The surviving spouse generally stands to inherit first, followed by the decedent's children, their parents, their siblings and so forth. Under certain circumstances, stepchildren may have priority to inherit over other heirs.

Spouses in West Virginia Inheritance LawIf you have no living descendants, your spouse will inherit all of your intestate property. Your spouse will also inherit all of your intestate property if the only descendants either of you have are from your relationship with your spouse.

Disinheriting a SpouseSurviving spouses in West Virginia have the right to take what is called an elective share of the estate instead of inheriting under the will or as provided under intestacy laws.

As a community property state, California law presumes all the property you or your spouse acquire during your marriage to be marital property, regardless of how it is titled.

In West Virginia, if you are married and die without a valid will, what your spouse inherits depends on whether or not you have living descendants. Descendants include children, grandchildren, and great-grandchildren. If you have no living descendants, your spouse will inherit all of your intestate property.

In most states, most or all of the money goes to the deceased's spouse and children.

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West Virginia Waiver of the Right to be Spouse's Beneficiary