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Is there a specified time within which executors of a Will are required to notify someone that they have been named in the Will as a beneficiary?
Wiki User
∙ 16y ago
In many states notification is a requirement in order to open the estate. Along with the will, paperwork showing that all the beneficiaries have been notified, or an attempt has been made to notify them has to be filed with the court. If they have been unsuccessful, the judge can require them to show how the rights of those individuals is going to be protected until they can be found.
Wiki User
∙ 16y ago
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What happens if both executors order the solicitor to settle the estate and one beneficiary refuses to sign release?
Generally, the parties may proceed, providing evidence the beneficiary was paid and asking the court to approve the final account. The executors could file a motion asking for a ruling that the beneficiary was paid and the court's decision would remain in the file as a public record. However, someone more familiar with the laws of England may provide a more definite answer.
Can anyone contest a life insurance if you are not listed as a beneficiary?
No, only the policy owner (usually the insured) can decide who the beneficiary is on a life insurance policy. Life insurance has nothing to do with a will or estate distribution after someone's death. That's why it is imperative to keep the beneficiary section updated constantly based on the life changes; too many people who get divorced forget to update their life insurance beneficiary on the policy and benefit may go to the ex-spouse. Life insurance companies are bound by the contract that is the life insurance policy to only pay the beneficiary specified on the policy. If all beneficiaries specified on the policy are deceased, then the benefit will be paid to insured's estate.
How can you find out if someone left insurance policy and named me as the beneficiary after they passed away?
if someone died and left an insurance policy and named me beneficiary how can i find out
If someone is divorced can he still be the beneficiary on a life insurance policy?
yes. until you change the beneficiary they will stay on there
What happens if both executors refuse the appointments in a will?
The court will appoint someone. It is often an attorney or a bank.
Can you name someone older than you as your beneficiary on your life insurance policy?
Yes. You should also name a contingent beneficiary in case the primary beneficiary predeceases you.
Can executors be changed on a will after the testator has died?
The will cannot be changed. However, the court can appoint someone else as executor.
If someone is not of sound mind can they change the beneficiary on their insurance policy?
No.
What happens when the insurance company says one person is the beneficiary and after the paperwork is sent for the deceased they say someone else is the beneficiary?
== == Ask to see the change of beneficiary forms. Verify signatures.
Can the spouse of a self-employed person be a beneficiary of a Health reimbursement arrangement?
Yes the spouse of someone who is self employed can be a beneficiary of a health reimbursement arrangement. You can choose whoever you want as your beneficiary.
What is a bank account beneficiary?
A beneficiary is the person who receives the benefit (usually money) from an insurance policy or a trust.
Who is responsible for a will if executors have died?
The court will appoint someone as executor. They often use a bank or attorney to handle the matters.
