0
What happens if both primary and secondary beneficiary die. Second beneficiary had approved power of attorney to another sibling - what happens then?
Wiki User
∙ 2011-05-28 21:25:00
A Power of Attorney expires when the principal dies.
As for the other queries about what happens when a beneficiary dies you haven't explained what type of beneficiary: life insurance, estate or trust?
A Power of Attorney expires when the principal dies.
As for the other queries about what happens when a beneficiary dies you haven't explained what type of beneficiary: life insurance, estate or trust?
A Power of Attorney expires when the principal dies.
As for the other queries about what happens when a beneficiary dies you haven't explained what type of beneficiary: life insurance, estate or trust?
A Power of Attorney expires when the principal dies.
As for the other queries about what happens when a beneficiary dies you haven't explained what type of beneficiary: life insurance, estate or trust?
Wiki User
∙ 2011-05-28 21:25:00
Wiki User
∙ 2011-05-28 21:25:00A Power of Attorney expires when the principal dies.
As for the other queries about what happens when a beneficiary dies you haven't explained what type of beneficiary: life insurance, estate or trust?
Add your answer:
Earn +20 pts
Can a trust property be refinanced by a sibling to pay off another in California?
Upon contract a beneficiary and secondary beneficiary are chosen. A sibling can refinance only if their name is initially included on the trust property's contract. If they are not secondary beneficiary, it is very difficult but not impossible if primary beneficiary can not comply.
Can a beneficiary of an IRA name a successor beneficiary in the state of Colorado?
No. A beneficiary has no authority to name a beneficiary of another's property. Only the principal can name the beneficiary. Generally, if the primary beneficiary declines to accept the inheritance then the gift will lapse and the property will be included in the estate.
Can you contest a life insurance beneficiary change?
The owner of a life insurance policy has the right to choose the beneficiary. Another person has no power to change that choice.
What happens when a pod beneficiary dies before the account owner dies?
The owner must name another beneficiary for the account or it will pass into the owner's estate at the time of their death.The owner must name another beneficiary for the account or it will pass into the owner's estate at the time of their death.The owner must name another beneficiary for the account or it will pass into the owner's estate at the time of their death.The owner must name another beneficiary for the account or it will pass into the owner's estate at the time of their death.
What happens to insurance when beneficiary dies before insured person?
generally nothing. Insured person can name another beneficiary.
Can an insured person also be the beneficiary on an insurance policy?
Yes, there is no bar in the insured person being beneficiary on another insurance policy.
Can a beneficiary to property remove their name?
A beneficiary does not have to accept an inheritance. Their share or that item will go back to the estate to be distributed in another manor.
Can the power of attorney be transferred to another person?
can i change my attorney be transferred to another person
If boyfriend dies and you are named as beneficiary and executrix in will and there is a beneficiary on bank account who may be another person can I pay the loan and keep the vehicle in Vermont?
The bank account should pass to the named beneficiary.
What happens when a sole beneficiary dies before their benefactor in england?
Nothing. The benefactor will have to find another beneficiary, unless it has already been accounted for.
What does do not oppose mean when a attorney say it to another attorney?
Do not oppose means to not to talk when he is stating his arguments unless the attorney is harassing the client of another attorney. Thou that is not a good for close.
Do you need spousal consent to name another beneficiary on your IRA in Kansas?
no
