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Is a person who was disinherited in a Will entitled to the terms of a trust as a beneficiary?
Wiki User
∙ 10y ago
Yes, as long as the trust was not modified to exclude them also.
Wiki User
∙ 10y ago
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Which of these terms defines a person who receives something?
beneficiary----a+ fool
Can an heir receive funds from an estate prior the persons death?
Let's examine your question and look for the answer in the legal terms you used to ask it. An 'heir' is a person who is entitled under the laws of intestacy to receive an intestate decedent's property. A decedent is a person who has died. Therefore a person to whom you would be considered a legal heir would need to die in order for you to be classified as their heir. 'Heir' is sometimes used informally to describe a beneficiary under a will. Despite the fact that a person is named a beneficiary under a will they do not become a beneficiary until the testator has died and the will has been probated. 'Estate' has two common meanings: all the property a living person owns both real and personal, and, all the property that a person leaves after death. You have no right to the property of a living person and you don't become an heir until they have died.
Is a ex-wife entitled to pension benefits of her deceased husband if both never remarried?
I am not sure what your talking about but let me try to answer this. If the wife divorced the man before he died then no she would not be entitled to his pension. It does not matter if she remarried or not.
Who sees your life insurance payout?
When a person gets a life insurance policy, they choose a beneficiary who will receive the moneys that are assured. The beneficiary only sees that money, though, if you die pursuant to the terms and conditions of the agreement (i.e. suicide typically does not lead to payout).
Can you leave 50 percent to the primary beneficiary and 50 percent to the contigent beneficiary?
Yes. But you are using the wrong terms. You can leave 50% to each of two beneficiaries. The second will no longer be called the "contingent" beneficiary.
What does the disinherited of life?
Being disinherited of life can refer to being denied opportunities or resources needed to thrive, whether it's in terms of education, employment, health care, or other vital aspects of life. This can lead to social exclusion, poverty, and limited chances to fulfill one's potential.
To collect on a life insurance policy do you have to have the death certificate with the cause of death or can you use a death certificate that does not have the cause of death?
A death certificate with the cause of death is usually required on life insurance policies. It depends on the insurance company, the type of policy and what its terms are. An insurance company will most likely require a death certificate with the cause of death, because the cause of death is important in all life insurance claims. If the policy is one for accidental death benefits only, the company is entitled to know and the beneficiary has to prove that death was accidental. An insurer is entitled to know whether death occurred as a result of suicide, which might not be covered by a standard life insurance policy. Also, an insurance company is entitled to know if the death was a homicide that the beneficiary had something to do with, because that would render the beneficiary ineligible to collect benefits.
Does the pension for the president go up if he serves two terms?
yes if he serves two terms he is entitled to two pentions
What is SWIFT MT720?
When a beneficiary has requested the transfer of a documentary credit to a second beneficiary, this message is sent by the bank authorised to advise the transfer of the documentary credit, to the bank advising the second beneficiary. It is used to advise the Receiver about the terms and conditions of the transferred documentary credit, or part thereof.
Usance Letter of credit?
Exporter will pay at the maturity date to the beneficiary if the documents are presented complied with terms of credit.
Do siblings share life insurance payouts?
Life insurance proceeds are payable according to the beneficiary designation made by the insured and that is a part of the insurance policy. As such, the beneficiary can be any person or entity that had an insurable interest in the life of the insured at the time of the policy's inception. Concievably, that can be one or more of the siblings of the person insured. However, the insured is free to change the beneficiary(ies) at any time prior to death. If the insured designates his/her estate as the beneficiary of the policy, upon death, the proceeds are paid to the estate and distributed per the terms of the deceased's Will. If there is no Will, the proceeds, along with other assets of the estate, are distributed according to the laws of intestate successation of the state in which the insured died.
Does a son named as beneficiary become executor if the deceased died intestate?
You have conflicting legal terms in your question.An executor is appointed when the decedent left a will.Intestate means that the decedent died without a will. If the son was the "named beneficiary" as you stated then there must be a will.The son can petition the court to be appointed the executor of the will.If there is no will some qualified person must petition the probate court to be appointed the Administrator of the estate. The son would be a qualified person.
