Money Matters: What You May Overlook In Estate Planning

Money Matters: What You May Overlook In Estate Planning:  Picture this - a frantic call to the family lawyer by a recent widow we'll call Fran. Fran had just learned that her deceased husband's life insurance proceeds were going to be paid to his ex-wife. As the deceased's current wife shouldn't Fran be entitled to the life insurance proceeds, rather than the ex-wife? The husband had changed his will to make Fran the beneficiary of his entire estate. Doesn't this change the policy designation as well?  ...