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hopefully the beneficiary had a trust or a will

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Q: Who collects when a policy was taken out on children by one parent and the beneficiary has recently passed away?
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Related questions

Can a parent or guardian be the wrongful death beneficiary of his or her adult child in Alabama or Nebraska if that child has no wife or children?

In Alabama, the parent would not be considered a wrongful death beneficiary of the adult child if there are no surviving spouse or children. In Nebraska, however, the parent could potentially be considered a wrongful death beneficiary if there are no surviving spouse or children. Each state has its own specific laws governing wrongful death claims.


Can a parent take out life insurance on their adult children?

Yes, an insured and a beneficiary have to have an insurable interest to be able to have a life insurance policy. Parents/children are considered to have insurable interest


Do step-children have a right to a step-parent's life insurance policies?

No. Step-children have no rights or interest regarding a step-parent's life insurance unless they are a named beneficiary on the policy. Step-children have no rights in a step-parents estate unless they are named in the step-parent's Will. In that case a step-parent can leave the proceeds of a life insurance policy to a step-child by their Last Will and Testament.


How can a non custodial parent get reinburst from welfare when the custodial parent collects under false pretences?

"reimbursed" ... Not clear whether you mean collects welfare or collects child support, but in either case the answer is, the State will not reimburse the NCP.


Can you collect child support if the absent parent collects ssi?

No, you can not collect child support if the absent parent collects ssi. No matter what state you are in, anywhere in the united states. It's against the law!


Can you name your friend as a beneficiary?

A person can name anyone they choose to be a beneficiary. This can include a friend, child, spouse, parent or other relative. Some people even name organizations or charities as a beneficiary.


Are children in the state of Maryland responsible to pay a debt to a nursing care facility of a parent who is deceased and has no estate but did leave beneficiary funds in retirement system?

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If a Child as Beneficiary does the parent have to show birth certification?

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If a parent dies with 4 adult children beneficiaries on an annuity but one adult child has preceded the parent in death are the adult child's children entitled to any beneficiary rights?

It will depend entirely upon the wording of the bequest. In this case, it would be a good idea to consult a probate attorney. They will know the laws and wording required for your state or country.


How does an adult child become beneficiary after parent death and no will?

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Can a beneficiary be under age 18?

First, there is no minimum age for a person to be a beneficiary; however you must understand there is a distinction between ownership and possession of property. There is no minimum age for a person to own property; however the beneficiary must be an adult to be able to possess it. If a will gives property to two children, one under 18, the other over 18, they both have ownership, but only the adult is entitled to ownership at that time. If the beneficiary is under 18, the property he or she gets must be turned over to a duly appointed guardian or parent according to the laws of that state for safekeeping. When the minor becomes andult, the guardian/parent must turn over possession.


If you have a parent that collects SSI or SSID, is their minor child entitled to any benefits ?

The minor child or children may be eligible for benefits, which are a percentage of the amount the parent is receiving. Contact the casework that handled the matter for the recipient to ask about the children's eligibility. if we a not togather as a couple how can i find out who the caseworker for his child is in order for her to receive her fair share as a minor child she is our daughter and a minor this is for ssd