I am 17 and will be 18 in april. My father was recently killed how will the insurance company deal with my situtation? The company is ING.
Total Comments: 22
Posted: Fri Dec 05, 2008 05:33 pm Post Subject:
I am only taking a stab at this but if the person was established as an adult. Some kids will go to court and kind of "divorce" their parents so that they can live on their own. They have to be willing to prove they can support theirselves and put a roof over their own head. Kids maybe able to do this when losing parents too.
Posted: Fri Dec 05, 2008 10:00 pm Post Subject:
Under what circumstances would the court disperse funds earlier? Do you have any specific situation in mind?
No, I don't have a specific example because no matter what type of catastrophic or horrific event I'd make up here as the compelling reason the time frame is so short it would be a silly moot point.
OP is going to be 18 in less than five months.
Posted: Sat Dec 06, 2008 02:03 am Post Subject:
Under what circumstances would the court disperse funds earlier? Do you have any specific situation in mind?
If the young man needs funds to live, ie rent, insurance car payment, grocery's etc. the court may release a stipend every month...or if he has medical bills, or college tuition to pay i could see a judge releasing it fo that as well... all with proper documentation of course...there is an office that handles these types of things (per court ruling) i can't remember what it's called, 'public administrator' maybe? I don't know but would assume all countys have them.
Posted: Sun Dec 07, 2008 11:06 pm Post Subject:
Couldn't the child go and be claimed emanipated? We had a couple teens in my sons old school that did that and they were legally considered an adult.
Posted: Sun Dec 07, 2008 11:10 pm Post Subject:
good point fire, i don't know what that costs or how long it takes...but if much money and more than 4 months he'd be better of waiting...but again good point...OP would be a good idea to check with a lawyer on that.
Posted: Tue Dec 09, 2008 10:38 am Post Subject: insurance
FIREYONE...you said something, earlier, about teens being emancipated. Ya know..........why in the world would the adult OR the teen want that? I mean, I understand they ( the teens) want ot be 'on their own', but,.......they are just learning how to 'live life'..ya know? OR...I HAVE known parents who have 'emancipated' their kids, for a 'tough love' lesson.
Posted: Tue Dec 09, 2008 11:56 am Post Subject:
In this case it would be so the OP could collect the life ins...but I'm not sure in this case that would happen (i really don't know)...and also he is so close to turning eighteen don't think it would be worth the money and time spent to do so.
Posted: Wed Dec 10, 2008 02:46 am Post Subject:
SD...Lori pretty much explained what I was thinking...If it is possible he could then get the money to help with finances until school or a job comes around. Teens have this "emancipation" option if their parents can not take care of them and they can prove they can take care of theirselves. Sometimes it is a lifesaver for a teenager. Not all parents are like us and some live in worlds that are filled with drugs, alcohol and abuse...Why should a responsible teen who can care for themselves remain in that world? I did this myself when I was 16. My mom kept dragging us back and forth between states and boyfriends. We would no longer get situated and Boom..move again. My sister and I both had jobs and had a court date set. Before it came my Dad went and got full custody from her and took over raising us..wasn't much better but at least we were in one place.
Posted: Wed Dec 10, 2008 09:48 am Post Subject:
Hi all
I was wondering. Has the OP ever read through the insurance papers? Does the OP know who is the beneficiary in the policy? I mean should she/he see an attorney? The terms in insurance are really difficult to understand. I believe the OP could do with professional help in person.
Posted: Wed Dec 10, 2008 11:03 am Post Subject:
Ready what does he need an attorney to take some of 'his' money for? he already knows he's the beneficiary it's a life policy the only question is accidental death coverage...that's it, now if the carrier denies that he might have a chance at fighting it, but at this juncture why would he want to throw his money at someone else?
Posted: Fri Dec 05, 2008 05:33 pm Post Subject:
I am only taking a stab at this but if the person was established as an adult. Some kids will go to court and kind of "divorce" their parents so that they can live on their own. They have to be willing to prove they can support theirselves and put a roof over their own head. Kids maybe able to do this when losing parents too.
Posted: Fri Dec 05, 2008 10:00 pm Post Subject:
Under what circumstances would the court disperse funds earlier? Do you have any specific situation in mind?
No, I don't have a specific example because no matter what type of catastrophic or horrific event I'd make up here as the compelling reason the time frame is so short it would be a silly moot point.
OP is going to be 18 in less than five months.
Posted: Sat Dec 06, 2008 02:03 am Post Subject:
Under what circumstances would the court disperse funds earlier? Do you have any specific situation in mind?
If the young man needs funds to live, ie rent, insurance car payment, grocery's etc. the court may release a stipend every month...or if he has medical bills, or college tuition to pay i could see a judge releasing it fo that as well... all with proper documentation of course...there is an office that handles these types of things (per court ruling) i can't remember what it's called, 'public administrator' maybe? I don't know but would assume all countys have them.
Posted: Sun Dec 07, 2008 11:06 pm Post Subject:
Couldn't the child go and be claimed emanipated? We had a couple teens in my sons old school that did that and they were legally considered an adult.
Posted: Sun Dec 07, 2008 11:10 pm Post Subject:
good point fire, i don't know what that costs or how long it takes...but if much money and more than 4 months he'd be better of waiting...but again good point...OP would be a good idea to check with a lawyer on that.
Posted: Tue Dec 09, 2008 10:38 am Post Subject: insurance
FIREYONE...you said something, earlier, about teens being emancipated. Ya know..........why in the world would the adult OR the teen want that? I mean, I understand they ( the teens) want ot be 'on their own', but,.......they are just learning how to 'live life'..ya know? OR...I HAVE known parents who have 'emancipated' their kids, for a 'tough love' lesson.
Posted: Tue Dec 09, 2008 11:56 am Post Subject:
In this case it would be so the OP could collect the life ins...but I'm not sure in this case that would happen (i really don't know)...and also he is so close to turning eighteen don't think it would be worth the money and time spent to do so.
Posted: Wed Dec 10, 2008 02:46 am Post Subject:
SD...Lori pretty much explained what I was thinking...If it is possible he could then get the money to help with finances until school or a job comes around. Teens have this "emancipation" option if their parents can not take care of them and they can prove they can take care of theirselves. Sometimes it is a lifesaver for a teenager. Not all parents are like us and some live in worlds that are filled with drugs, alcohol and abuse...Why should a responsible teen who can care for themselves remain in that world? I did this myself when I was 16. My mom kept dragging us back and forth between states and boyfriends. We would no longer get situated and Boom..move again. My sister and I both had jobs and had a court date set. Before it came my Dad went and got full custody from her and took over raising us..wasn't much better but at least we were in one place.
Posted: Wed Dec 10, 2008 09:48 am Post Subject:
Hi all
I was wondering. Has the OP ever read through the insurance papers? Does the OP know who is the beneficiary in the policy? I mean should she/he see an attorney? The terms in insurance are really difficult to understand. I believe the OP could do with professional help in person.
Posted: Wed Dec 10, 2008 11:03 am Post Subject:
Ready what does he need an attorney to take some of 'his' money for? he already knows he's the beneficiary it's a life policy the only question is accidental death coverage...that's it, now if the carrier denies that he might have a chance at fighting it, but at this juncture why would he want to throw his money at someone else?
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