Person number 2 is in persons number one's will. They are in an auto accident & person number 1 dies immediately. Person number 2 lives a few hours & dies in the hospital. Does person number 2 still inherit the money & it's passed on to person number two's heirs, or is there a 24 hour waiting period for this to happen?
Answer
Yes. No waiting periods.
Answer
It depends on language in Will if this is covered. If not, I agree with David. Traditional is mere survival and to heirs, if survive, unless Will contains other language.
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