What is the default law if there is no beneficiary?

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1153804

2026-05-02 09:25

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If there is no designated beneficiary for an account or policy, the default law typically designates the estate of the deceased as the beneficiary. This means that the assets or funds from the account or policy would be distributed according to the instructions laid out in the deceased's will or according to the laws of intestacy if there is no will.

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