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easy just ask the tax people

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16y ago
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Q: How can you find out the beneficiary of Dad's retirement when he passed away and you cannot find his paperwork?
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What is a 2nd beneficiary of life insurance and retirement plans?

A secondary beneficiary is a person who would receive the benefits of a life insurance policy or retirement plan in the event that the insured person dies and the primary beneficiary has also passed away. Then, the secondary beneficiary would receive the benefits.


Who collects when a policy was taken out on children by one parent and the beneficiary has recently passed away?

hopefully the beneficiary had a trust or a will


Can you find out who was the beneficiary or if there was one when your father passed away?

My mom


How can you find out if someone left insurance policy and named me as the beneficiary after they passed away?

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What happens if the beneficiary of a life insurance policy has passed away leaving no will?

My uncle was beneficiary on his mother's policy and has since passed away leaving no named beneficiary, so do the proceeds get distributed pursuant to the will? Yes Otherwise, check the rules for your state on "intestate" sucession. This situation is why it's a good idea to name a secondary beneficiary. If the primary passes away, the next in line gets the payout.


Your husband passed away and had credit cards in his name can they take money out of the life ins that you are beneficiary?

No.


How can you find out if you were a beneficiary on someones insurance that passed away?

Check with The Center for Life Insurance Disputes.


Can the deceased beneficiary of someones will share of the estate be passed on to their child?

Yes, unless there is a stipulation in the will stating otherwise.


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Does a secondary beneficiary only receive funds from a life insurance policy if the primary beneficiary has already passed?

Yes. A secondary beneficiary only becomes beneficiary if the primary beneficiary dies before the insured. Say the insured and primary beneficiary are involved in a fatal auto accident but the insured dies an hour before the primary beneficiary. The insurance proceeds would not go to the secondary beneficiary but to the estate of the primary beneficiary. If the primary beneficiary dies an hour before the insured then the secondary beneficiary receives the proceeds. If an insured wants both to receive monies they can name more than one person as primary beneficiary and in what percentage for each person. They could also leave it to their estate and handle distribution by a will.


How could you find out if your husband had a old mutual policy with you He has since passed away?

Do you have any paperwork at all?


Do you have to pay a reactivation if there is a long time account that has been open by another person and you are the only beneficiary to it?

Do you have to pay a reactivation fee when a peson had a long term account with Bank Of America and they passed away and left you the beneficiary