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Author: reallyalldone Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5741  
Subject: Re: IRA and 401k beneficiaries Date: 4/15/2011 9:02 AM
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Not sure what you are talking about with "dependency." Do you mean DDs being counted as dependents for tax purposes? The DDs are 31 and 33. They haven't lived with us for about a decade.

Seriously, talk to a lawyer about what you want to accomplish -DIY is showing some knowledge gaps. I was referring to your wife being a dependent of your daughters and IIRC, only one daughter can claim that each year. This is the scenario you seem to be setting up.

If your daughters marry, there are other issues on money each may receive, whether you intend it for your wife or not. Same if either has a child.

The big question is why your wife has access to money right now ? I would deal with that before worrying about inheritance. Also, keep in mind she is legally your next of kin as long as you are married. If you don't trust her with money, do you trust her with decisions about your health if you are unable to make them ? Also anything you currently own as jt ten w/ rights of survivorship automatically goes to her.
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