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When a person dies and has a settlement coming who gets the money if there is no will?
Wiki User
∙ 15y ago
The next of kin (less any taxes owed by the deceased), spouse if married at the time of their passing, otherwise all children in equal shares, then grandchildren if children are not alive. Then parents... etc...
Wiki User
∙ 15y ago
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Who gets the money in a court settlement if the person awarded the money dies Spouse or children Either?
my husband will receive all the money also if there is no will.
How can one sell their life insurance policy?
One can sell their life insurance policy and this is called Viatical Settlement. An insurance company sells insurance policy to a person. This person (viator) sells his policy to another person (viatical settlement provider). When the first person dies, the second person will benefit and cash in the money.
When human dies stool coming from body?
When a person dies, since all control over the body is lost, the stools and urine are released.
What does itf mean in a check?
It means In Trust For, the name/person to which the money will go to, if the primary person dies.
If a pereson is promised money in a will but the person dies before putting the person in their will can the person still get some money?
Not if the money was meant to be an inheritance or gift to that person. If the deceased promised the money in payment for a debt, and there is a valid contract, the creditor can get the debt from the estate.
What happens to a settlement if the person dies before payment?
It is hard to say what will happen to the settlement, mainly because it depends on what kind of settlement you're talking about. It could end up in probate, it could go to a beneficiary, or distributed according to the reading of a will. Hope this helps!
What happens after the person dies that is paying child support dies and it is coming out of his social security benefits?
In a case such as this, I suggest that the obligee file an estate claim for the unpaid support.
What if the person dies and you have a promissory note with them do you still have to pay?
Yes, their 'estate' is still owed the money.
If you have a joint bank account and one person dies is the money taxable as income?
No, the money isn't taxed because it is already in the hands of the people on the account. As a person on the account you only need to withdraw the money.
When someone dies and they leave money to their family what is that called?
The dead person usually signs a will which states who will receive the money. If you receive the money then i guess that is called inheritance??
What happens to a Joint checking account is formed one person dies does the other have the right to that money?
yes they do
How does blood come out of the body when a person dies and what is the cause Ex is it coming from the lungs or the stomach?
Normally blood does not come out unless there is a wound.
