You must review the trust document for your answer. A trust is managed according to the provisions in the document that created the particular trust.
You must review the trust document for your answer. A trust is managed according to the provisions in the document that created the particular trust.
You must review the trust document for your answer. A trust is managed according to the provisions in the document that created the particular trust.
You must review the trust document for your answer. A trust is managed according to the provisions in the document that created the particular trust.
No, the spouse is not. The beneficiary is named. There are laws that require the spouse to sign an acknowledgement that there is life insurance that she is not the beneficiary of.
IF you are still the beneficiary on file for your ex-spouse then you are legally entitled to that money. If there was an updated beneficiary that lists other people as the beneficiary then you are not. On caveat is if you are listed as the beneficiary and the ex-spouse has a will in place that leaves the account to someone else, then you are not entitled.
Both partners are entitled to fidelity, respect and mutual support. In addition a surviving spouse is entitled to a portion of their spouse's estate. You can read the law of intestacy for Oklahoma at the related link.Both partners are entitled to fidelity, respect and mutual support. In addition a surviving spouse is entitled to a portion of their spouse's estate. You can read the law of intestacy for Oklahoma at the related link.Both partners are entitled to fidelity, respect and mutual support. In addition a surviving spouse is entitled to a portion of their spouse's estate. You can read the law of intestacy for Oklahoma at the related link.Both partners are entitled to fidelity, respect and mutual support. In addition a surviving spouse is entitled to a portion of their spouse's estate. You can read the law of intestacy for Oklahoma at the related link.
In Texas, when a spouse dies, the surviving spouse is typically entitled to the house if it was community property or if it was left to them in the deceased spouse's will.
If the surviving spouse (or anyone else, for that matter) is listed as the beneficiary, then the beneficiary is entitled to the proceeds. However, if no one else is listed on the account, it may very well wind up in probate (court).
Yes.
No, the spouse is not considered a surviving issue of the beneficiary in a will. "Issue" typically refers to direct descendants, such as children, grandchildren, or great-grandchildren, while a spouse is a separate legal relationship. In estate planning, the term "beneficiary" usually refers to someone designated to receive assets, which can include a spouse, but they do not fall under the definition of "issue."
In Georgia, as in most states, life insurance proceeds to a named beneficiary become the property of the beneficiary and are therefore not accessible to the creditors of the decedent. Of course, this does not apply to joint debt between the spouses or any debt solely in the name of the surviving spouse. In short, if the surviving spouse's name is not on the debt of the decedent, the surviving spouse has no legal obligation to pay such debt.
You are the surviving spouse and entitle to anything the surviving spouse is entitled to under state and federal laws. You should consult with an attorney who can review your situation and explain your rights and options.
Surviving spouses in Colorado are entitled to property that was shared with the deceased partner, even if no will explicitly says so. The survivor also has the ability to be named as the personal representative of the estate.
First, it depends upon who is named in the 401(k) records as the beneficiary. Second, it depends upon the intestacy and probate laws of the state in which the spouse died, regarding who (if anyone) has the right to challenge the 401(k) designation post mortem.
Probably Spouse first, then his Estate then the children.