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If you have already received the proceeds, you can legally gift up to $13,000 to any person each year without having to pay an additional tax.

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15y ago

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Does the person who is named as beneficiary on a life insurance policy have to split the money with their siblings if the benefactor dies without a will in Alabama?

Only the person named as beneficiary on the insurance policy will receive money from that policy. Any other monies or other property in the estate would be divided up between the siblings if the parent died intestate (meaning without a will).


Is privilege insurance the same as life insurance?

Privilege insurance is not the same as life insurance. To receive a better understanding of the difference between the two, it is best to contact an insurance agent.


Do insurance companies raise your insurance if you receive a warning from a cop?

No


If your deceased mother had life insurance and all of her children are listed as beneficiaries can the one brother who is conservator claim the monies for all the siblings?

If the exact language on the policy is "all her children" then no, the benefit will be split evenly between all of her living children. They will each receive a check for their portion of the benefit.


Where can one receive Lead insurance?

There are many places where one could receive lead insurance. One could check sites such as Insurance Lead and Reviews for information regarding lead insurance.


Can you receive life insurance payment if your in prison?

Yes. The beneficiary of a life insurance payment can always receive the payment regardless of where he or she is.


What is difference between insurance policy and insurance product?

An insurance policy is a legal contract between the insurer and the insured, outlining the coverage provided and terms of the agreement. An insurance product refers to the specific type of insurance being offered, such as auto, home, or life insurance. In simpler terms, a policy is the legal document you receive after purchasing an insurance product.


Does there have to be an estate open to receive the insurance check ?

If you are looking to recieve the insurance check and are wondering if you have to have an estate open in order to receive it your answer is here. The thing is you do not have to have an estate open to receive an insurance check if you are a critical thinker. You need one way or another to get the insurance check, so if you have a P.O. Box that is set up or maybe a friend that you can have it mailed to, there is no reason you won't receive the insurance check.


If I cancel my insurance policy, will I receive a refund?

If you cancel your insurance policy, you may receive a refund for the unused portion of the premium you have already paid.


Do most insurance companies offer building and contents insrurance?

Yes. Its just as easy to receive a quote for the building and contents insurance as it is to receive a quote for auto or home owner's insurance.


Does McDonalds provide group health insurance to its employees?

Hourl employees do no receive group health insurance. However, management and supervisors, depending on their rank, can sometimes receive health insurance.


How much is a preist paid?

Compensation for priests varies widely based on factors such as location, denomination, and experience. In general, priests may receive a salary from their church that can range from a few thousand to over a hundred thousand dollars annually. In addition to salary, priests may also receive housing, insurance, and retirement benefits.