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Is term life insurance considered part of a deceased persons estate if the deceased person is being sued. I was his wife and benificary of the term life insurance?
Wiki User
∙ 14y ago
In your case, no, the proceeds will not be included in the estate of the decedent. Since you were the named beneficiary the proceeds pass directly to you. Of course, upon your death they will be included in your estate. Whether or not a judgment against your husband will allow the other party to go after your assets is obviously a more complicated question. But the life insurance is not part of his estate.
Wiki User
∙ 14y ago
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Is life insurance considered part of deceased persons estate when money is owed to loan companys?
If the life insurance has a named beneficiary then life insurance benefits are not subject to debtors claims. If there is no beneficiary or the "estate" of the deceased is the named beneficiary, then loan companies can come after the estate.
Who gets deceased persons pension?
death
How do you check a deceased persons will?
Wake them up and ask them!
If being medically retired from the military can you collect unemployment?
No. Persons who are "retired" are considered to be out of the labor pool and ineligible for unemployment insurance.
Do you have to be alive to take a DNA test?
No, DNA can be taken from deceased persons.
Why aren't deceased persons allowed to marry?
Marriage is a contract. A deceased person does not have the legal capacity to willingly enter into any contracts.
What happens to homes when parents are deceased and still owe the bank?
In some cases the loan customers would have some type of insurance that would protect the deceased persons family in case of his unexpected demise. If so the insurance proceeds would be used to pay off the mortgage and the family members would retain the house. If that is not the case then, the bank can ask the survivors of the deceased to pay off the loan. Which if they fail, the bank can take posession of the home, sell it and recover its loan amount.
Does people that are deceased get there fingernails done?
yes the funeral home usually does a deceased persons nails,and hair and general grooming to get them ready for their "showing"
What will happened to the insurance member if the owner of the insurance company commit suicide?
An Insurance company cant commit suicide. So, I am not sure what you are trying to ask here. If you are asking about, what would happen if the insurance policy holder commits suicide? In that case too, nothing will happen. The insurance company will not pay any money to the deceased persons family. Insurance claims can be made only if death occurs by accident or natural causes. Not suicide.
If I already spent my inheritance can Florida medicaid still recover the deceased persons medical expenses from me?
It sounds as if you're not legally responsible for the deceased client.
What does Additionally Insured on a Vehicle Insurance Policy mean?
The person who took out the policy is the main or policyholder. Any persons added to the policy are considered additionally insured.
Where do you report illegal use of deceased persons credit cards?
Your local police department
