An ex-spouse of a now-deceased plan participant is the named beneficiary of the decedent's savings and investment plan (SIP) benefit, but the ex-spouse divested herself of all rights to the decedent's SIP benefit in a divorce decree. Should the ex-spouse receive the benefit? A look at a recent Supreme Court decision.
William R. WrightTrhesa Barksdale PattersonKnowledge is a process of piling up facts; wisdom lies in their simplification.
' Martin Fischer
What's a plan administrator to do? An ex-spouse of a now-deceased plan participant is the named beneficiary of the decedent's savings and investment plan (SIP) benefit, but the ex-spouse divested herself of all rights to the decedent's SIP benefit in a divorce decree.
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