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Can a 50 percent life insurance beneficiary be forced to pay 50 percent of the funeral costs?
Wiki User
∙ 13y ago
There is no requirement that they do so. The life insurance is a contract between the deceased and the company.
Wiki User
∙ 8y ago
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Can children under the age of 18 be a beneficiary of a life insurance policy in the State of Oklahoma and or can you be forced to list your exwife as the beneficiary in the divorce decree?
You can name you testimentary trust in most cases, but that means you have to have a new will. And the court can still require you to have you ex-wife listed on your life insurance.
What is needed to add home insurance to replace a forced insurance policy?
Cancel the forced insurance policy and add terms and conditions to your homeowner policy.
What does it mean if a wolf appears at a funeral?
If a wolf appears at a funeral it probably means there are too many wolves in the area and this one was forced by hunger into uncomfortable proximity with people.
Are you required to purchase the funeral casket at the funeral home providing the other services?
In many cases yes. You are you forced to buy the coffin in order to the funeral home provide the other services. They make a very proffitable bussiness with this...
Can you be forced to use life insurance a certain way?
No.
Who pays for the funeral if a person has no insurance?
I would hope they had some relatives of family who could come up with enough for a small service. If not many areas have paupers cemetaries where the government is forced to pay for a burial or cremation only depending on the laws in the area.
Does insurance money that has a beneficiary have to be used to pay outstanding credt card balances when you die?
The answer depends on the state of jurisdiction ... in which locale will the decedent's estate be probated? In Ohio, for example (and in most states), courts cannot require that an insurance company make a check payable to anyone but the policy's beneficiary. Since the beneficiary who is not a co-signer of the debt is not responsible for the debt, the creditor will not be able to recover money from insurance proceeds. Keep in mind, however, that any other assets owned by the decedent are available to settle the decedent's just debts, and insurance beneficiaries who also inherit other assets of any value (the gold watch, the baseball card collection) can be forced to liquidate those assets to satisfy the decedent's estate ... and that heir might rather give up some cash received from an insurance policy so he/she can keep dear old dad's gold cuff links.
What are the disadvantages of budgeting?
THE BENEFICIARY OF THE BUDGET WILL BE FORCED TO USE WITHIN THE CALENDAR YEAR AND WILL AND SHOULD TRY TO JUSTIFY THAT NEXT BUDGET SHOULD BE HIGHER.
What is FEF 75 percent?
forced expiratory flow
Can you be forced to buy car insurance?
I recommend you this site where you can compare quotes from different comapnies: INSURANCE-QUOTES-FREE.INFO
What is FEF 25 75 percent?
forced expiratory flow
What does forced place insurance cover?
It covers the finance company. nobody else.
