The settlements would be paid to his estate unless the "settlements" were the result of court cases brought by his surviving spouse. That may change things. You need to consult with an attorney who can review the situation and determine the rights in this case.
Yes.
To choose the beneficiaries to your life cover plan you need to consider who you want to benefit in the event of your death. Most people choose their spouse and children as their beneficiaries.
no
Only in the Married Women Property Act policy, you need to make a trust and your wife and your children will be beneficiaries only. But you can not surrender or assign this policy to any one.
Yes
That could vary from state to state.
The contributor has to designate the beneficiaries of the 401k.
No, this is inherited.
No. That person has no authority to claim any propertythat belongs to the children unless they have a court order to that effect. If they take any money left to the children, any Social Security benefits or any insurance proceeds that name the children as beneficiaries they can be prosecuted.No. That person has no authority to claim any property that belongs to the children unless they have a court order to that effect. If they take any money left to the children, any Social Security benefits or any insurance proceeds that name the children as beneficiaries they can be prosecuted.No. That person has no authority to claim any property that belongs to the children unless they have a court order to that effect. If they take any money left to the children, any Social Security benefits or any insurance proceeds that name the children as beneficiaries they can be prosecuted.No. That person has no authority to claim any property that belongs to the children unless they have a court order to that effect. If they take any money left to the children, any Social Security benefits or any insurance proceeds that name the children as beneficiaries they can be prosecuted.
They have the right to challenge the will and executor as possible beneficiaries.
No. If the trust was created to hold the real property then the trustee of the trust will be listed as the owner. If the beneficiaries are listed in a deed as the owners the property will no longer be held in trust. The property must be held in the name of the trust OR the name of the beneficiaries of the trust as individuals.
Nothing. Once you separate, you don't have anything to do with each other, unless there are children involved in which case one parent will have custody and the other will have access.