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Is the beneficiary obligated to share estate equally with other children if they are not in the will?
Wiki User
∙ 16y ago
No. Had the person who wrote the will wanted them to benefit they would have been mentioned. However, if the intention is to share the estate, check with the executor whether such distribution would negate the bequest.
Wiki User
∙ 16y ago
Wiki User
∙ 13y agoEven though they may feel a moral or ethical obligation, they have no legal obligation, to do so. If they also happen to be the Executor of the will, they may NOT distribute any of the wills proceeds to that individual.
If they feel sorry for them, they may (if they wish) give them a portion of the proceeds they, themselves, received.
Wiki User
∙ 10y agoif a will leaves assets divided between 4 children and one child is deceased, who gets the deseased childs asset
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Is a living widow the beneficiary of her deceased husband's IRA when no other beneficiary is named?
If the deceased has no children, yes. Otherwise the children share in his estate. This may vary by State.
Can a beneficiary of an estate sign a disclaimer and their share go to their siblings?
Yes, a beneficiary of an estate can sign a disclaimer to voluntarily relinquish their share of the inheritance. In this case, the disclaimed share would typically pass to the next beneficiary in line, such as the siblings of the disclaiming beneficiary, as specified in the estate plan or intestacy laws. It is important to follow proper legal procedures when executing a disclaimer to ensure the distribution of assets is handled correctly.
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.
WHAT IF THE Will says share and share alike my name is not shown as a beneficiary am i entitled?
If the will directs that the children should share equally in the estate and you are a biological or adopted child of the decedent who was inadvertently omitted from the will then you can claim a share. You should speak with the attorney who is handling the estate. You can probably be added as a beneficiary by simply submitting a form to the court along with proof of your relationship (birth certificate or adoption papers.)
Can you write a sentence using the word equally?
The estate was equally divided by the children. The chess masters were equally matched. It was equally apparent that they had no source of income.
If there is no beneficiary to your fathers 401k plan are you entitled to anything?
Probably Spouse first, then his Estate then the children.
Is an executor of a will able to handle the estate of a beificiary?
No. If the beneficiary dies their estate must be probated in a separate action.No. If the beneficiary dies their estate must be probated in a separate action.No. If the beneficiary dies their estate must be probated in a separate action.No. If the beneficiary dies their estate must be probated in a separate action.
Can a beneficiary sell the estate?
A beneficiary does not have the right to sell the estate. Only the executor can sell property.
Brother dies leaves estate to his brother but he is deceased do his children automatically get his inheritance?
Assuming the brother who died with a will was unmarried and had no children, and assuming his beneficiary brother predeceased him, his estate would pass to the children of his siblings. If he had only one brother then his brother's children would inherit his estate.
What happens is a beneficiary die's but there are other beneificiaries before an estate is settled?
The beneficiary's share goes into their own estate.
The beneficiary died before the policy holder who is now deseased No contingent beneficiary found who is next in line children or estate Estate was given to step children and not biological children A?
The specific terms of the insurance contract need to be followed. If it addresses what happens if the beneficiary is deceased, (most due as part of the template...gotta read it). It normally says it reverts to the owner (which is frequently but certainly not always the same as the insured), which in this case means his estate. His estate is divided according to his will, or the laws of decent of the State he died in. If it isn't addressed at all, that doesn't mean someone else just steps in - it would actually go to the heirs of the now deceased beneficiary.
What if your fathers girlfriend leave the estate to the father but father dies before policy holder does the estate got to children of the father?
If the girlfriend is still alive then she can change her beneficiary. If she died and didn't change her beneficiary then you may have a claim if her estate went to your father. You should speak to an attorney. You refer to a "policy holder" in your question as well as an "estate". If the subject is a life insurance policy and your father was the beneficiary but was deceased when the insured died then be aware that the girlfriend probably named a contingent beneficiary on her policy.
