there must be something that can be deone....i am in a stick situation right now too
Total Comments: 24
Posted: Wed Aug 04, 2010 09:33 pm Post Subject:
Neither have I. I get solicitations to attend "events" where I will learn about a company's products and can "earn" a couple of CE units for my attendance. I stay far away from those.
I don't, free CE is free CE :D
Posted: Sat Sep 18, 2010 09:17 am Post Subject: Brothers policy
This is a good example of why people need to use trust.
Posted: Sat Jun 30, 2012 05:05 am Post Subject: Minor child left as beneficiary of life insurance policy
My father named our much younger half brother from his previous marriage as beneficiary to his life insurance policy, and was also divorced at his time of death. Now the insurance company is refusing to pay his burial claim due to the fact that his beneficiary is a minor child. So as his eldest child- I have received a bill for his burial expenses.... What should I do?
Posted: Sat Jun 30, 2012 10:06 pm Post Subject:
Now the insurance company is refusing to pay his burial claim due to the fact that his beneficiary is a minor child.
The insurance company never had a responsibility to pay the funeral expenses. That is a matter for the estate of dear departed dad.
As far as a minor child is concerned, the probate court will have to be petitioned by someone to act as the child's fiduciary. If competing claims come in, the court will have to evaluate the capabilities of each and decide if either is worthy of the role, or the court may order another person (such as the Public Guardian, an attorney, or another family member) to serve as fiduciary.
So as his eldest child- I have received a bill for his burial expenses.... What should I do?
Are you the executor of Dad's will/estate? If you are, you pay the bill and charge an equivalent amount to the estate as a priority claim. If you are not, you send the bill back to the funeral director and tell that person to file the bill with the Dad's executor.
If everything is connected to a trust, the trustee does that.
Posted: Wed Aug 04, 2010 09:33 pm Post Subject:
Neither have I. I get solicitations to attend "events" where I will learn about a company's products and can "earn" a couple of CE units for my attendance. I stay far away from those.
I don't, free CE is free CE :D
Posted: Sat Sep 18, 2010 09:17 am Post Subject: Brothers policy
This is a good example of why people need to use trust.
Posted: Sat Jun 30, 2012 05:05 am Post Subject: Minor child left as beneficiary of life insurance policy
My father named our much younger half brother from his previous marriage as beneficiary to his life insurance policy, and was also divorced at his time of death. Now the insurance company is refusing to pay his burial claim due to the fact that his beneficiary is a minor child. So as his eldest child- I have received a bill for his burial expenses.... What should I do?
Posted: Sat Jun 30, 2012 10:06 pm Post Subject:
Now the insurance company is refusing to pay his burial claim due to the fact that his beneficiary is a minor child.
The insurance company never had a responsibility to pay the funeral expenses. That is a matter for the estate of dear departed dad.
As far as a minor child is concerned, the probate court will have to be petitioned by someone to act as the child's fiduciary. If competing claims come in, the court will have to evaluate the capabilities of each and decide if either is worthy of the role, or the court may order another person (such as the Public Guardian, an attorney, or another family member) to serve as fiduciary.
So as his eldest child- I have received a bill for his burial expenses.... What should I do?
Are you the executor of Dad's will/estate? If you are, you pay the bill and charge an equivalent amount to the estate as a priority claim. If you are not, you send the bill back to the funeral director and tell that person to file the bill with the Dad's executor.
If everything is connected to a trust, the trustee does that.
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