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Legal → Will & Trust law
ANSWERS: 1
  • Agrippina
    A life insurance policy and a will operate separately from one another; one does not "supersede" the other. A will governs the distribution of a person's estate (i.e., his property). A life insurance policy is not part of a person's estate; it is a contract that provides benefits of a certain amount to designated beneficiaries upon the death of the insured person.
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