Does A Will Override Life Insurance? 
In my work with funeral homes I have seen MANY cases where someone thought that their will would redirect the proceeds of their life insurance . Just a couple of months ago I was involved with a death where a man died and had been married to his 2nd wife for over 20-years . He and his 1st wife were bitter enemies . But he never changed the beneficiary on his life insurance policy . The entire $ 50,000 that the 2nd wife was expecting all went to his 1st wife . She was nice enough to pay the funeral expenses for him -LRB- she did n't have to . -RRB- But the remaining money all went to her . This is a very common error and is another example of why everyone needs a good local life insurance agent that they review things with every few years . Life insurance should not be bought and then thrown in a drawer and forgot about . If there is a living named beneficiary , the life insurance will not be affected by the will or the estate settlement . 