answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Must a beneficiary deed be 5 years before it can be taken by creditors?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How long before creditors do a charge off?

usually a chare off happens after 7 years


How long before you receive money as a beneficiary from a will?

Depend on the items and size of the estate ( this can take from a month to years and years). Once all accounted for the legal process can be done in a couple of weeks to a month.


Would Beneficiary still inherit if he died seven years ago?

Probably not, depending on the way the will was written. The beneficiary's heirs might inherit.


What is your liability to harassing creditors if after six years your Chapter 13 bankruptcy was dismissed by the trustee?

If your Chapter 13 was dismissed, meaning you did not complete your Plan, then you are essentially right back where you started before you filed for bankruptcy. The creditors can pursue you for the debts without any legal ramifications.


What if a spouse dies and you may be a beneficiary to their 401k but you divorced 10 years ago are you still eligble?

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.


How long can creditors report negative items?

up to seven years.


Does a 2nd wife have a right to receive life insurance of several thousand a month until she dies but they divorced years before he died and she remarried before his death?

Maybe. Life insurance is a contract and if the beneficiary on the policy is listed as the 2nd wife, she is entitled to the money. Check the divorce decree, it may, depending on who drafted it and what state you are in, may have stated that any such designation as beneficiary is void. It may also have said in the divorce decree that maintaining her as beneficiary of an insurance policy was a condition of the divorce.


Can your ex husband cash in on a life insurance policy on you after 35 years?

If he is showing as the beneficiary on your policy - yes. You can call the insurance company or your agent to change the beneficiary.


Can a beneficiary collect life insurance benefits after a suicide in NJ?

If the insurance policy is older than two years of contestability period, then a benefit will be paid to the beneficiary.


In general the republican party has opposed inflationary policies during the past 100 years would this platform tend to attract creditors or debtors?

creditors.


How long will YouTube save videos before they are erased?

2-3 years or you can get it taken off


After seven years can your chapter thirteen bankruptcy be seen on your credit report by creditors?

Yes. For at least 10 years.