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It depends on the Will and the laws in your jurisdiction if there is no Will.
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∙ 10y ago
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The beneficiary died after the policy holder who is also deceased Who is the beneficary spouse or children from previous marriage?
When the policy holder dies, the money goes to the beneficiary. If the beneficiary then dies, THEIR beneficiary then gets the money.
What is Texas law regarding credit card debt for surviving spouse?
Technically, the debt has to be resolved by the estate. And as the spouse gets the estate, they will be paying one way or another. And is many cases the spouse benefits from the debt, they can come after the money
If a spouse's parents die and the spouse gets a divorce before the estate is settled is the non-related spouse entitled to half of the inheritance?
No. He or she would not have been a direct beneficiary unless he or she were named in the will regardless of the status of the marriage. Even in community property states an inheritance is exempt from CP marital laws.
Who gets the money if the beneficiary to a policy dies one week after the policy owner?
The proceeds would become a part of the beneficiary's estate unless there was some special language attached to the policy that required the beneficiary to outlive the decedent by a certain time period such as 30 days.
Who gets a deceased parents money in the bank account?
If there is a will, then the beneficiary gets the money. If there is no will all the children of the decedent get an equal share of the money.
What life insurance companies are advertising that they will pay out to a surviving spouse no matter if the man or wife is first to die?
That's not normally how the insurance works. It is in one person's name and when they die, their surviving spouse or beneficiary gets the benefits. Speak with a local attorney who specializes in estate planning to determine which laws apply to you.
Who gets money when there's a Vendor's Lien on title?
Lender or Beneficiary
Who gets insurance money if deceased had children not children of surviving spouse and no named beneficiary?
The proceeds would be paid to the estate and then would pass according to the provisions in the will or the state laws of intestacy if there is no will. Generally those children would inherit an intestate share. You can check the laws of intestacy for your state at the related question link provided below.
Do you get cash from your mother's life insurance policy when she dies or does your father get it all?
The named beneficiary on the life insurance policy gets it. It is a contract and specifies who gets paid, usually it will be the spouse.
Can a late husband's ex wife take money from the life insurance policy he left his current wife?
Unless the ex husband changed the beneficiary to someone else, then the insurance money goes to her. It is not really an issue of relationship, but rather the person named is the one who gets it.
Mom left no will there are two kids Who gets her estate?
It will be split between the two kids and her spouse if she has one.
How do you split life insurance money between spouse and three children?
Spouse gets 100% unless noted in will
