The next of kin to the policy holder will get paid for the policy.
Wiki User
∙ 2011-04-27 10:40:39Beneficiary.
his nominee will get his insured amount
The proceeds belong to the estate of the beneficiary.
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?
I believe it reverts back to the owner, and thus becomes part of his estate.
generally nothing. Insured person can name another beneficiary.
Nothing. The benefactor will have to find another beneficiary, unless it has already been accounted for.
the house is paid off and given to the beneficiary
Their share goes into their estate.
Goes to the beneficiaries heir's or estate.
If the beneficiary died after the testator you must review the will to make certain there is no set time period the beneficiary must survive the testator. If there is no such provision then the gift becomes part of the beneficiary's estate.
No. If the beneficiary dies their estate must be probated in a separate action.No. If the beneficiary dies their estate must be probated in a separate action.No. If the beneficiary dies their estate must be probated in a separate action.No. If the beneficiary dies their estate must be probated in a separate action.