It will depend on how the will was written. Depending on the wording, it may go to the beneficiary's heirs, or it may be divided up between the other beneficiaries of the original will.
If the testator is aware of the death of a beneficiary they should amend their will. If they don't, then see the information in the related question link provided below.
The proceeds belong to the estate of the beneficiary.
generally nothing. Insured person can name another beneficiary.
Their share goes into their estate.
Nothing. The benefactor will have to find another beneficiary, unless it has already been accounted for.
Goes to the beneficiaries heir's or estate.
It goes to the estate
Beneficiary.
his nominee will get his insured amount
A Power of Attorney expires when the principal dies.As for the other queries about what happens when a beneficiary dies you haven't explained what type of beneficiary: life insurance, estate or trust?A Power of Attorney expires when the principal dies.As for the other queries about what happens when a beneficiary dies you haven't explained what type of beneficiary: life insurance, estate or trust?A Power of Attorney expires when the principal dies.As for the other queries about what happens when a beneficiary dies you haven't explained what type of beneficiary: life insurance, estate or trust?A Power of Attorney expires when the principal dies.As for the other queries about what happens when a beneficiary dies you haven't explained what type of beneficiary: life insurance, estate or trust?
If the beneficiary died after the testator you must review the will to make certain there is no set time period the beneficiary must survive the testator. If there is no such provision then the gift becomes part of the beneficiary's estate.
I believe it reverts back to the owner, and thus becomes part of his estate.
When a beneficiary dies before a testator there are two things that can happen--either the gift will lapse, meaning that it will not pass to them but will stay with the estate or the gift (in this case money) will go to the family of the now deceased beneficiary. Whether one happens over another will depend on the wording in the will and the nature of the gift