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CELE SQE1 模拟练习

Examination Timing: 00H00M07S

Laura died intestate but had a life insurance policy naming her brother, Mark, as the beneficiary. How will the proceeds of the life insurance policy be handled?

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Life insurance policies with named beneficiaries typically pass directly to the beneficiary, outside of the deceased’s estate. 

Key Point: Assets such as life insurance policies with named beneficiaries pass outside the estate and are not included in the distribution under intestacy rules.



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