We award nobel peace prizes to warlords and people who commit genocide along with other acts against humanity. What an age we live in when awards are not given post humorously and cannot be revoked.
I do believe big and serious awards should be done posthumously. I don't believe in for example, naming Airports or large buildings after someone who is/was still a live at dedication time.
However, I will acquiesce to asterisks --not removals.