YES
The possessive form for the noun beneficiary is beneficiary's.
Yes, the debts must be paid before the estate is divided up between beneficiaries.
The plural form for the noun beneficiary is beneficiaries; the plural possessive form is beneficiaries'.
The policy will be paid to the decedent's estate if there are no named beneficiaries or if the ones named have predeceased. the legal spouse or next of kin
The plural of beneficiary is beneficiaries.The plural of the singular noun beneficiary is beneficiaries.
Beneficiaries are those who benefit. Here are some sentences.The beneficiaries of his will were happy with what he left them.We are all beneficiaries when people take care of the earth.That law will have many beneficiaries.
A certificate of marriage is not required to collect on life insurance. Life insurance proceeds will be paid only to the named beneficiary/beneficiaries on the policy. If all beneficiaries are deceased, then the benefit will be paid to the deceased insured's estate.
my son died i am legal representative and a beneficiary am i legally bound to pay off his debts
Yes. However, any amounts remaining in your IRA upon your death can be paid to your beneficiary or beneficiaries.
You need to review the terms of the particular trust to determine how the beneficiaries are to be paid.You need to review the terms of the particular trust to determine how the beneficiaries are to be paid.You need to review the terms of the particular trust to determine how the beneficiaries are to be paid.You need to review the terms of the particular trust to determine how the beneficiaries are to be paid.
If that beneficiary inherited the property by himself- yes. If that beneficiary inherited the property along with other beneficiaries- no. Remember that the estate must be probated if it includes real estate in order for legal title to pass to the beneficiaries.
A tertiary beneficiary is only entitled to proceeds if the primary and secondary beneficiaries are no longer living.