0
Can a surviving child receive money from deceased parent's life insurance policy?
Wiki User
∙ 14y ago
If they are named the benificiary of the life insurance policy. If they are not, it goes to the named individuals. If no one has been named, the policy will normally pay the estate and the procedes distributed according to the will or intestacy laws.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Can a emancipated child receive money from a deceased parents life insurance?
An emancipated child is considered an adult. They are entitled to receive any benefits assigned to them. If they are not emancipated, the money will go into a trust for them.
Are surviving children responsible for deceased parents debts in the state of Virginia?
The estate is responsible for the debts. If the estate has no assets, the creditors will not get paid. If there are not enough assets to pay the debts, the beneficiaries will not receive anything.
Do surviving children receive their parents social security?
Only if underage
If i receive life insurance for deceased husband is it taxable?
No but what you do with the money may be taxable.
Are surviving children in Pennsylvania responsible for paying the mortgage debt of deceased parents?
The children are not directly responsible in Pennsylvania. The estate is responsible to settle all the debts. Until these have been paid, the children are not entitled to receive anything.
Can the surviving spouse of the deceased husband continue to receive mineral rights income he had inherited?
Typically the spouse will inherit the property of a deceased spouse. A will may assign things to other beneficiaries. Consult a licensed attorney in the state in question.
Does the child of two deceased parents receive social security through college?
Usually, the cut-off is age 18.
Who receives the benefits in a situation with a second to die life insurance policy?
The children or heirs of the deceased will receive the benefits in a situation including a second to die insurance policy. It is also goes by the terms "Dual Life Insurance" and "Survivor-ship Insurance".
If you are on your parents health insurance and you receive a prescription will your parents see that you got the prescription even if you pay the copay when you pick it up?
yes, they will see it. I'm on my spouse's insurance policy and I can log online into his insurance and see all details about the claims .
Can you collect on a life insurance policy if divorced from the deceased?
You can only collect on the life insurance if you were awarded this at time of divorce. I was awarded the ability to take out a life insurance policy on my ex. as I receive a military retirement which only exists if he is alive. After his death, it would stop, therefore I have the life insurance policy.
In the state of Ohio if a spouse dies in a legal common law marriage performed before 1990 will the surviving common law spouse receive what the deceased spouse wishes in the legal will?
Yes. If the will is allowed the common law spouse will receive their devise under the will regardless of the status of the marriage. If the decedent died in Ohio without a will, or intestate, the surviving spouse in a common law marriage perfected before October 1991 would receive a spouses share under the laws of intestacy.
If you move out of your parents home will your auto insurance go up?
With most insurance companies, your rates will go up because you will lose any multi-car or multi-line discounts you might have been able to receive because of your parents' policies.
