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If your ex-husband died with the children as beneficiaries but the insurance company says you need to be appointed as the legal guardian are divorce papers enough if you have always had custody?
Wiki User
∙ 18y ago
Just go to or call the insurance company and request the money for the children. Don't be angry or abusive, just tell them that you want a check. Make sure you have papers to indicate that the children are under your care and that should be the end of it. If you have their birth certificate showing you and your Ex as parents and a court document showing custody you might send a copy of those papers along. Recognize that birth certificates need to be "certified" copies for this kind of thing and be certain to keep the original court declaration of custody for yourself. Don't send THAT one through the mail.
Wiki User
∙ 18y ago
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Will your life insurance with your children as beneficiaries pay for your medical bills if you die?
no
Will your children get your life insurance benefits when you die?
The beneficiaries on your life insurance policy will receive the life insurance benefits. Please make sure your policy is updated with the correct beneficiaries. Many people forget to update their life insurance policy after divorce, or any other major life event and unfortunately the ex-husband or ex-wife receives the benefits. If all the beneficiaries named on the policy are deceased, then the benefit will go to the insured's estate (which may or may not go to the deceased children. The only way to ensure that the benefits are going to the intended person(s), is to update your insurance policy's beneficiaries.
Can a person who has been caring for children claim the insurance left to the children?
No. That person has no authority to claim any propertythat belongs to the children unless they have a court order to that effect. If they take any money left to the children, any Social Security benefits or any insurance proceeds that name the children as beneficiaries they can be prosecuted.No. That person has no authority to claim any property that belongs to the children unless they have a court order to that effect. If they take any money left to the children, any Social Security benefits or any insurance proceeds that name the children as beneficiaries they can be prosecuted.No. That person has no authority to claim any property that belongs to the children unless they have a court order to that effect. If they take any money left to the children, any Social Security benefits or any insurance proceeds that name the children as beneficiaries they can be prosecuted.No. That person has no authority to claim any property that belongs to the children unless they have a court order to that effect. If they take any money left to the children, any Social Security benefits or any insurance proceeds that name the children as beneficiaries they can be prosecuted.
How can you create a trust deed that would take in an insurance policy having your children as beneficiaries?
Only in the Married Women Property Act policy, you need to make a trust and your wife and your children will be beneficiaries only. But you can not surrender or assign this policy to any one.
A parent dies and leaves two children as equal beneficiaries to his estate in his will. One of them is listed as a recipient of an insurance policy. Must he split the proceeds of the insurance policy?
No. The life insurance proceeds pass outside of the parent's will.
What is a waiver of insurance policy?
I believe you are asking about waiver of insurance policy premium. There are certain insurance policies like children's plans, where even if the policy holder (Parent) is no more, the insurance company would waive off the premium payments and continue to provide the benefits to the policy beneficiaries (Children)
How can you prevent your ex-spouse from accessing your life insurance left to minor children?
It is never a good idea to have minor children as beneficiaries on a life insurance policy. You can create a trust or at least leave it to someone you trust and after their name put "for the benefit of ________". Where I have the blank put the names of your minor children. Minor children cannot inherit large sums of money until they are 18 years old. Your ex-spouse will go to the probate court and be appointed guardian of the children then will most likely have full access to the money.
Your mother died in Colorado leaving credit card debt and she also had a life insurance policy with her children as beneficiaries do you have to use the insurance money to pay the credit card?
I would consult an attorney if I were you.
Can I have the payout on my recently deceased husbands life insurance policy go directly to our adult children who are the secondary beneficiaries instead of to me who is the primary beneficiary?
Yes, you can decline the benefit. Speak to the insurance company about how.
Can Mother-in-laws collect insurance proceeds before children?
insurance proceeds are distributed to named beneficiaries In addition an insurance policy of a deceased that does not have a named beneficiary will be included in the probate procedure and the state's probate law of succession will apply.
How do all beneficiaries on a life insurance policy split the money?
They split it evenly unless the insurance policy specifies that the proceeds are to be divided among several beneficiaries in some other way. Sometimes a policy can be payable to a spouse and children, with the spouse getting one size share and the children dividing the rest among themselves. The owner of the policy has the right to specify who gets how much.
Can contingent beneficiaries be all children?
Yes.
