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What if your father left no will and now they sent his life insurance to the Estate of him who would that be?
I assume if there was no will, there was no trust. I also assume the beneficiary(s) on the policy are also deceased. The estate will go through probate. You will have to advise the court of your status as an heir and once the probate proceedings are completed, you will get your share of the life insurance proceeds.
What else can I help you with?
If a father disinherited his children in his will and left life insurance to his deceased wife with no contingent will the money go to the children or the estate?
In most cases it will default to the estate.
What are your rights to your deceased father's estate if the father left the estate to his brother?
In most cases there will be none. The estate was left to the brother.
What are your rights to your deceased father's estate if the father left the estate to his second wife as executrix?
That will depend on what the will says. In most cases, the bulk of the of estate would be expected to go to the spouse.
Can I sue the executive of the estate for not telling you about life insurance policies left to you?
yes
What if a life insurance policy is left to a trust and the trust is dissolved would it naturally go to his wife?
it would fall back to his estate. as long as the wife inherits the estate she will get it, but the amount will then be taxable. if she was the beneficiary of the policy or if the trust was still solvent the money would be tax free.
Father passed away and mother never opened estate Now mother is gone who is responsible for opening the estate of the father Will states everything is left to wife.?
Each estate must be separately administered. Fathers creditors will need to be paid from father's estate, necessary tax forms will be filed. Father's estate will need to be distributed according to the father's will, i.e., the residual to the surviving spouse. The estate of the spouse is then probated by the administrator of the wife's estate, as required by the wife's creditors and heirs.
Father passed away and mother never opened estate Now mother is gone who is responsible for opening the estate of the father Will states everything is left to wife?
Each estate must be separately administered. Fathers creditors will need to be paid from father's estate, necessary tax forms will be filed. Father's estate will need to be distributed according to the father's will, i.e., the residual to the surviving spouse. The estate of the spouse is then probated by the administrator of the wife's estate, as required by the wife's creditors and heirs.
Your father inlaw has died and left money in his will to other people but there is only engough left to burry him what shall you do?
An estate for your father in law should be opened. After all debts against the estate are settled, then monies can be distributed per the will. I believe burial would be a debt against his estate. Consult an estate attorney. It's not feasible to give away his money while he doesn't even have any to give after he is buried. Common sense should prevail on this one...but seek legal advice from the estate attorney.
Is the CD left by my father taxable?
That depends on the size of the estate, how it is titled, who it goes to, what state your father resided, and potentially other factors. If there are few assets and the estate is small, start by asking someone at the bank for advice. If the estate is large you should seek advice from a qualified estate attorney.
What happens to life insurance benefits if beneficiary refuses payments?
Most life insurance policies have a primary and secondary beneficiary. If the primary signs away all their present and future rights to the benefits then it will be left to the secondary beneficiary. If there is no secondary beneficiary or the secondary beneficiary is deceased the money would be left to the estate of the insured and subject to probate. This would place the funds subject to estate taxes if the estate is large enough. As a matter of full disclosure, I own and operate a small Independent Insurance Agency for the past 22 years and worked as an agent for direct writers for 3 years prior to that.
How can you find out insurance company name was told father left you a policy but his wife would not give it to you?
You will probably need a court order. You should call a lawyer.
My father died and named my sister as executor and trustee in the will i am not mentioned in the will do I have a share in the estate?
It would seem that you have been left out of the will. As a natural heir, you would have standing to contest the will. You should consult a probate attorney to determine what you want to do.
