the uncle is trying to say he will disburse the insurance money but he's not down on the insurance policy in any bearing.
Answers: Since they are not minors the money will go straight to the beneficiaries. The life span insurance company will send them a check directly next to their name on it. Tax free, slam dunk, uncle will never see the money.
The uncle singular has control of the other assets within the estate.
If these kids are minors, then any the kids' legal guardian get to disburse the funds, or the court will appoint someone to disburse the funds.
It's possible mom set it up so that the uncle is the trustee of the funds.
Don't worry, the insurance company won't permit anyone pull a rapid one.
The insurance company will disburse the money directly. There's no reason the uncle will be involved, unless it is to help out the insurance company needs the uncle, to verify the address of the son and daughter.
I'm sorry for their loss!
The insurance company will disburse the proceeds directly to the name beneficiary(ies) and no one else. Wills or estate plans don't enter into it unless the estate IS the beneficiary.
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Answers: Since they are not minors the money will go straight to the beneficiaries. The life span insurance company will send them a check directly next to their name on it. Tax free, slam dunk, uncle will never see the money.
The uncle singular has control of the other assets within the estate.
Should I bring in pay for allowance of COBRA?
If these kids are minors, then any the kids' legal guardian get to disburse the funds, or the court will appoint someone to disburse the funds.
It's possible mom set it up so that the uncle is the trustee of the funds.
Don't worry, the insurance company won't permit anyone pull a rapid one.
The insurance company will disburse the money directly. There's no reason the uncle will be involved, unless it is to help out the insurance company needs the uncle, to verify the address of the son and daughter.
I'm sorry for their loss!
How can I find out the insurance company for a settlement?
The insurance company will disburse the proceeds directly to the name beneficiary(ies) and no one else. Wills or estate plans don't enter into it unless the estate IS the beneficiary.
Resolved Questions: