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Can a mother or son contest a death insurance beneficiary if it has a no family beneficiary?
Yes, a mother or son can contest a death insurance beneficiary designation, even if the policy specifies no family beneficiaries. They may argue that they have a legal or equitable interest in the policy or that the designated beneficiary was not validly named. However, the success of such a contest often depends on the specific circumstances and the laws governing insurance policies in the relevant jurisdiction. Legal advice may be necessary to navigate the complexities involved.
What else can I help you with?
If mother-in-law is beneficiary on single grownup grandson life insurance policy does the mother of the son have any rights?
Answering "If mother in law is beneficiary on single grownup son life insurance policy does the mother have any rights?"
There is no beneficiary on my mother's life insurance policy?
If no beneficiary is listed on a life insurance policy then the benefits are payable to the insured's estate. The beneficiary can be changed at any time prior to the death of the insured if this is the person's desire.
Can a Power of Attorney change the beneficiary of his mother's life insurance policy to himself?
Absolutely Not!
If you are the sole beneficiary on the life insurance policy for your mother and she dies do your siblings have a right to a share of what is left?
If you are the sole beneficiary, no, your siblings have no right to the benefits.
How do I find out if I am a beneficiary on my mothers Prudential life insurance?
To find out if you are a beneficiary on your mother's Prudential life insurance policy, you can start by asking her directly if she has designated you as a beneficiary. If she is unavailable or you want to confirm, you can contact Prudential's customer service and provide them with your mother's policy number and other identifying information. They may require your mother's consent or documentation to disclose beneficiary details. Additionally, check any relevant paperwork or policy documents your mother may have that could indicate her chosen beneficiaries.
Can you add your mother to a whole life insurance policy as a member of your family?
She will have to go through the underwriting process and then be issued separately. However you can be the owner and beneficiary of this policy while your mom is the insured.
Is life insurance considered inherited property that a credit card company can claim after the death of a mother for unpaid credit card debt?
Depends upon the State of your mother's residence, and the beneficiary of her insurance policy. If the beneficiary was her estate, they might be able to recover the debt; if an individual was the beneficiary, unless that person was a cosignor of the debt, it is not likely they have any recourse. Have you checked to see if your mother's account had debt cancellation coverage? Best of luck. Rjbeeg
Is a parent the beneficiary of their child's life insurance?
This all depends on who took out the life insurance policy and who was named as the primary beneficiary at the time. The primary beneficiary is named within the policy document. The primary beneficiary may or may not be the father and/or mother. If the primary beneficiary is deceased, then check the policy for a named contingent beneficiary. If there are no named beneficiaries living, then the policy proceeds become part of the policy holder's estate. Please consult with a qualified attorney, to determine guardianship of the child's estate. Ask the insurance agent and a lawyer for a free consult to be sure.
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 Mother-in-laws collect insurance proceeds before children?
insurance proceeds are distributed to named beneficiaries In addition an insurance policy of a deceased that does not have a named beneficiary will be included in the probate procedure and the state's probate law of succession will apply.
Does a life insurance policy have to be probated?
Not if there is a named beneficiary living. that makes it separate from theEstate of the deceased. example my mother recently passed away while she left a life insurance policy and stated me as the beneficiary, she also had one on me and she was the sole owner. Which makes that life insurance policy part of the estate since there was no other person who was named as owner hope that helps.
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.
