Our brother passed away the day after he retired from GM after 34 years of service. Family was told that because he did not sign beneficiary designation to his pension, the family was denied entitlement. Is this right as the laws in Ontario, Canada state that if this is the case, pensions should go directly to the estate.
3 Answers
Helpful Newest
First Oldest
First
There should be an insurance policy that a beneficiary is needed. This money is not part of an estate and goes to the beneficiary to do as they please.
ADVERTISEMENT