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Probably. Check with the claims department of the insurance company. It would be better if a trust had been set up to receive the benefits on behalf of the minor. The Mother may have to go to court to get authorization to sign for the child. For more info see www.SteveShorr.com/life.htm and www.SteveShorr.com/estate.planning.htm

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โˆ™ 2015-07-14 16:08:14
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Q: Can a mother make a life insurance claim on behalf of a minor child if they are the named beneficiary?
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If you purchase life insurance policy on your adult child naming myself as beneficiary can adult child change beneficiary?

The purchaser of an insurance policy names the beneficiary.


Can you reject an inheritance for your children?

No. If your child is a beneficiary under another person's Will you cannot reject that inheritance on their behalf. The court will see the inheritance is placed in trust for the child.No. If your child is a beneficiary under another person's Will you cannot reject that inheritance on their behalf. The court will see the inheritance is placed in trust for the child.No. If your child is a beneficiary under another person's Will you cannot reject that inheritance on their behalf. The court will see the inheritance is placed in trust for the child.No. If your child is a beneficiary under another person's Will you cannot reject that inheritance on their behalf. The court will see the inheritance is placed in trust for the child.


What does a beneficiary do with a life insurance check?

In most cases, the beneficiary has no specific responsibility to do something with a life insurance payout. However, you should be careful to retain a portion of it to cover taxes that might result because of the income. Additionally, if the recipient of the proceeds gets it on behalf of another person (for example, a parent on behalf of a child), the recipient has a fiduciary duty to hold/use the funds in trust and for the best interests of the intended beneficiary.


If a deceased parent has life insurance with a step child as the beneficiary can the biological child with power of attorney be granted insurance monies?

No. The only person that can have that money is the beneficiary on the account. And then whatever is stated in the will. All the POA does is allows the POA to sign on your behalf if your not present or unable to do it because of your health.


Is a spouse entitled to part of life insurance benefits even if child is named as beneficiary?

The policy is paid to the beneficiary. It should be placed in trust for the child if the child is a minor. If the child is an adult, the proceeds will be sent to the named beneficiary.


Can you have a husband and a child as a beneficiary on a life insurance policy?

Yes, all life insurance companies allow the policy owner to name more than one beneficiary at any time.


Is the beneficiary of a life insurance policy responsible for back child support of deceased?

No, you are not responsible for their back child support.


Use beneficiary in a sentence?

Kacey is the beneficiary of her mom's life insurance policy since she's the only child, and she is the heir of her mom's house.


If you have a joint custody of a kid you remarried but what if the real dad died can you get some kind of insurance?

You or your child can only get insurance if the real dad was insured and you or your child were listed as the beneficiary.


Can your child be a beneficiary under your life insurance policy if you do not have legal custody of her and can a life insurance company require that you be their legal guardian?

Yes


Can a widow be paid for unclaimed benefits designed to a child out of wedlock?

No, being a widow has no impact. The beneficiary has already been designated. As a designated beneficiary, the child or the child's legal gaurdian may have a right to receive the benefits on the designated child's behalf. The designation of the child as beneficiary under the policy by the Insured indicates the decedents clear intent that the child should benefit from the policy.


Are both parents entitled to the payout of life insurance if only one is named beneficiary?

I assume that you are referring to the unfortunate circumstance of the dealth of a child. An insurance policy, including a life policy, is a contract between the insured and the insurer. The insurer promises to pay a sum of money to or on behalf of the insured or his/her designee (the beneficiary) upon a determinable event (sometimes called a "contingency"). With a life policy, that event is the death of the named insured for a reason that is not excluded from coverage. The insurance policy will designate a beneficiary to whom the proceeds are payable. Therefore, absent other facts that you have not stated, the insurer will pay proceeds only to the named beneficiary.


Do you have to get insurance on your child if they are living with their mother?

Your child can be covered under both your & the mother's insurance even if he/she doesn't live with you.


If a minor child makes a claim on a life insurance policy and another inidividual is the designated beneficiary what consideration is given to the claim by the insurance company?

The proceeds go to the beneficiary. That's why it's important to make the proper plans and trusts.


Is it possible for a child to file a law suit against his father for not supporting him?

No. A child cannot file a lawsuit. It needs to be brought on his behalf by a legal guardian. However, child support is an issue between parents. It is not paid to the child. The mother should bring the suit.No. A child cannot file a lawsuit. It needs to be brought on his behalf by a legal guardian. However, child support is an issue between parents. It is not paid to the child. The mother should bring the suit.No. A child cannot file a lawsuit. It needs to be brought on his behalf by a legal guardian. However, child support is an issue between parents. It is not paid to the child. The mother should bring the suit.No. A child cannot file a lawsuit. It needs to be brought on his behalf by a legal guardian. However, child support is an issue between parents. It is not paid to the child. The mother should bring the suit.


Can you sue your mother for unpaid child support as an adult on behalf of deceased Father?

No, as an adult there is no longer need for a child support. Your father should have done this when you were a child.


What is the law concerning a beneficiary of a life insurance policy?

A life insurance policy for my father included his 3 children one is deseaced does the deseased child children then become heirs?


How do you put beneficiary in a sentence?

The child was the beneficiary of the old man's kindness.


Beneficiary in a sentence?

Your child may be the beneficiary of all that you own, as spelled out in your will.


Can a child be a beneficiary?

Yes.


Can an adult child be an executor and a beneficiary?

An adult child can be the executor. They can also be a beneficiary. They are required to be impartial when distributing the estate.


What are the ratings for the life insurance company called Second to Die?

This actually isn't the name of a company. Second-to-die insurance is a type of life insurance. You insure two people, then the insurance pays out after both die to a third beneficiary, a child, for example.


How do you acquire guardianship papers for life insurance left to a my minor child?

The best course would be to contact a family law attorney and get them to file the papers for you if you're not familiar with the process. I always persuade my clients not to list a minor child as beneficiary on the life insurance policy. Most insurance companies will place the proceeds in an interest bearing account until the minor reaches majority. Depending on laws in your state, you will also be required to file paperwork periodically with the court to show how every penny is spent. This could have been prevented if the beneficiary was not a minor or if it was stated in the beneficiary statement (Beneficiary XX for benefit of minor child XX). This simple statement would have prevented the problems while showing the intent of the insured to care for the child.


When adult children refuse to buy life insurance can their parents purchase it for them without the childrens knowledge?

Life Insurance cannot be purchased on someone that is not aware. They do have to sign paperwork and the beneficiary must have a insurable interest. This prevents anyone from taking out insurance on someone and signing themselves as the beneficiary. When the child is concidered an Adult, they are responsible for getting their own. Unfortunately this is the case.


Can a husband change his wife as beneficiary of his life insurance policy without notifying her in the state of California?

Yes. The owner of a life insurance policy can change the beneficiary at any time. If there are divorce proceedings or child support involved, these things matters often include court orders preventing the change of beneficiaries.