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Proceeds for a contingent beneficiary are typically held at interest until the contingency is resolved or the primary beneficiary's interest is determined. The duration can vary depending on the specific terms of the trust or policy and the nature of the contingency. Generally, this can range from a few months to several years, depending on the circumstances. Always consult the governing documents or a legal professional for precise timelines.
What else can I help you with?
What is the time limit during which proceeds will be held at interest for a contingent beneficiary after the death of the insured?
Indefinitely or until the contingent is found and paid.
How are time share undivided interest held?
They are held as a full interest for a specified period of time. For the times you use it, the interest is undivided.
Can beneficial interest in family home be willed to children?
That is possible depending on how the property is held. If it is held by two people by survivorship one owner cannot leave their interest by will. When one dies their interest passes automatically to the survivor.That is possible depending on how the property is held. If it is held by two people by survivorship one owner cannot leave their interest by will. When one dies their interest passes automatically to the survivor.That is possible depending on how the property is held. If it is held by two people by survivorship one owner cannot leave their interest by will. When one dies their interest passes automatically to the survivor.That is possible depending on how the property is held. If it is held by two people by survivorship one owner cannot leave their interest by will. When one dies their interest passes automatically to the survivor.
How does opera help others?
There are numerous incidents of charity gala's being held, with the proceeds going to various charities.
What if the husband and wife are joint tenants and the husband dies without a will then do the stepchildren receieve any proceeds if the house is sold?
No. If the property was held as joint tenants with the right of survivorship then the decedent's interest automatically passed to his wife upon his death. That is the reason for creating a joint tenancy and she is the owner of the property.
What is the current interest rate offered by Robinhood for cash held in their brokerage accounts?
The current interest rate offered by Robinhood for cash held in their brokerage accounts is 0.30.
Where is horse race held?
Anywhere there is sufficient space and interest
What must be held constant among bonds whose interest rates are shown on a yield curve?
What must be held constant among the bonds whose interest rates are shown on yield curve
Can a title company invest money held in escrow?
Yes, they can invest money in an interest bearing account held in escrow, however they usually charge a fee for this service which can far exceed the amount of interest you would receive, especially these days when interest rates are so low on interest bearing accounts.
What does this mean have you ever held an interest in residential land?
Owned property.
What is the process of tracking and comparing mortgage interest rates held in a pool to current market interest rates is called?
pool analysis
How do you calculate interest on treasury bills?
To calculate interest on treasury bills, you multiply the face value of the bill by the interest rate and the number of days the bill is held, then divide by 365.
