Definition from Nolo’s Plain-English Law Dictionary
U.S. Supreme Court decision in which the Court ruled that a woman who was named as the beneficiary of her former husband's 401(k) plan was entitled to inherit the money in the plan, even though state law said that the divorce had automatically revoked her right to inherit. Because a 401(k) plan is ruled by federal law (ERISA), it overruled the state law.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:27 pm