answersLogoWhite

0

That is one of the purposes of life insurance. The answer however is no, it would come out of the parents estate. If there is no estate than the gov could be SOL. BUT!!! It may behoove a child (depending on age) to settle the tab with all creditors and the IRS on behalf of the parent settling the estate with the insurance money rather than relying on a "fire sale" of the estate, and reaping the benefits of the estate at it's market value rather than a forced sale value....depending on the situation tho... 4lifeguild

User Avatar

Wiki User

19y ago

What else can I help you with?

Related Questions

Can a emancipated child receive money from a deceased parents life insurance?

An emancipated child is considered an adult. They are entitled to receive any benefits assigned to them. If they are not emancipated, the money will go into a trust for them.


Is there a time limit to collect benefits for a child with a deceased parent?

Eighteen.


Does 18 child get money left in scoial security benefits from deceased parent?

NO. Once the child is 18 or older, they can't receive SS benefits.


If a child has insurance on one of the parents cars but drives the other parents car is she still insured?

No, the child needs to drive the other car. No, the child needs to drive the other car.


Do you claim children's social security benefits?

Survivor benefits are paid to children of a deceased worker.


Do parents of a deceased child have the same rights?

Both parents of a deceased child have an equal right of inheritance. If one parent had custody that parent has the right to make funeral arrangements but the other parent should be consulted if possible.


Whose medical insurance covers your child if both parents are insured?

In order for your child to have insurance coverage, your child would need to be listed as a covered person on the policy, and a premium would need to have been collected for the child. Even if both parents are insured, if your child isn't on the policy and has not been considered as a portion of the premium, then there is no coverage.


How do you go about filing claim on deceased spouse social security benefits for arrears on child support?

Not applicable. You will receive nothing more than the normal amount for a child of a deceased parent.


Are the parents of a deceased adult child with no estate responsible for paying unpaid debt?

No, if they were not joint debtor's with the deceased they are not responsible for any of his or her debts.


What rights do a custody granted child have after parents have been deceased?

Rights pertaining to what?


Can a child receive Social Security benefits for a deceased parent who never worked?

No. Unfortunately, survivor benefits are only paid if the deceased earned wages and accumulated sufficient credits through FICA taxes.


You are doing research on laws specifically in Canada. In the Catholic Church do godparents have any legal rights to the child if the parents are deceased?

No. Godparents are appointed by the parents for spiritual guidance in the parents' absence. They have no legal authority. Guardians for a child whose parents are deceased must be appointed by a probate court. The godparents can apply to be appointed.