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Your mother had a life insurance policy in your name and passed in 1207 payments were still being made but for how long you are not sure what are the possibilites of you being able to cash out?
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∙ 14y ago
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∙ 14y ago
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My mother passed away I have siblings and no one has reported her death to the mortgage company we can't afford the house payments is it the law that you have to report it to the mortgage company?
No, once the mortgage company begins the foreclosure process they will find out that your mother is dead. This will not stop the foreclosure process. The only way to avoid that is to make the payments.
When did the Federal Deposit Insurance Corporation Improvement Act pass?
The Federal Deposit Insurance Corporation Improvement Act passed in 1991
What is the difference between immediate annuity and deferred annuity?
First, the word "annuity" can be used for different things. Be sure to know what you're working with. Annuities are investments through insurance companies. There are good and bad. Annuities might ALL be called "deferred" because their earnings are tax deferred. You pay taxes on the earnings when you take money out. The IRS sets the rules. Annuity earnings WILL BE taxed, even if received in monthly payments or passed on to beneficiaries. Immediate and deferred refer to 2 different features of annuities. Deferred is taxes. Immediate is payments. If you place a lump sum with the insurance company, they can start paying you monthly payments based on that lump sum. If the payments start immediately, it is called immediate. If payments start later, it could be called deferred. Annuities can be wonderful or horrible, so do lots of good research.
Can a home repossession be stopped if the arrears on payments are paid?
The home would have to be purchased from the estate in order to satisfy the note owed by the deceased. On time payments have nothing to do with anything in this case. Based on your question it sounds like the owner of record has passed away and the lender can not have an open loan to someone who has died.
How do take a loan on your life insurance?
when u first get loan , it has insurance on it, been paying on it til loaner has passed away. does that insurance expires before loan paid off or til it paid off. loaner died jan 30 2012 and loan is paid off 2/14/2014
How can one reduce the insurance cost?
The insurance cost can typically be lowered by avoiding accidents that require insurance payments for an extended period of time. After a certain amount of time has passed without an accident, the insurance cost should go down.
How can you find out if your deceased mother had a life insurance policy?
My best friends mother passed away last August. She had spoke of a life insurance policy that she had taken on herself years before she passed away,however no one in the family knows how to locate it. What steps do the family need to take to find this insurance policy?
What can you do if your mother passed away and she told you years ago that you and your brother were on the life insurance policy and now after she has passed you learn that only your brother is on it?
Hope your brother shares!
My mother passed away I have siblings and no one has reported her death to the mortgage company we can't afford the house payments is it the law that you have to report it to the mortgage company?
No, once the mortgage company begins the foreclosure process they will find out that your mother is dead. This will not stop the foreclosure process. The only way to avoid that is to make the payments.
If I am driving a car in my mother's name and she passed away and I am the person who has made all the payments how easy is it to transfer the name on the title?
You would have to talk with the executor of the estate. If you can prove the payments were made by you, you should be able to work it out, but the probate court will have to okay the transfer.
My father passed away with no will He had only an RRSP and life insurance totalling 50 000. The beneficiary listed is his mother and you are his only living heir Do you have any claim to the monies?
Not unless you're the mother...in this case.
How do you find if someone who has passed away had any insurance policies?
Hopefully the deceased person kept records or told someone about any policies that they may have had. Otherwise there is no national database to provide that answer for you. You might look at their bank statements to see if any payments were made to an insurance company.
Your husband passed away are you liable for his truck payments?
Yes if he didn't have anything to pay it off with when he passed away
How do i find my deceased father's national insurance number?
my mother passed away and sorting through her documents i discovered something that had not been sorted out to do with my fathers death in 2001 and i need his national insurance number to do this this site is pants. waste of space
If my mother is the one who passed is it mother or me the daughter?
to be honest i’m sure but i think it’s mother
Is baldness passed from your mother or father?
The gene for baldness is inherited from the mother .
How can you find out if you were a beneficiary on someones insurance that passed away?
Check with The Center for Life Insurance Disputes.
