by dotliv13 » Fri Oct 14, 2011 12:00 pm
We are having a problem changing our Moms beneficary. A family member had her sign a form and then we think he checked a box, just a box, to make him the irrevocable beneficiary. We just want the ins to go to the funeral home. The Ins Co. is not helping, they have many excuses why, and I mean many. He litterly kicked her out and local PD were called. She has sent many letters to change it. We are at a loss, we just want the money to go to the funeral home to make final arrangements. The Ins Co has not ask to speak face to face with her or us. They will not forward us to the Fraud Dept. or Legal Dept. We are POA of Mom. We were told by the Ins Co. he was her POA, we don't know how or if the POA he has is valid. Can we be added on as a beneficiary and contest at death? If Mom changes her will, which she wants to do, can she include the policy in it and have it left to the estate?
Posted: Mon Oct 17, 2011 07:50 am Post Subject:
You are in a tight spot. Without the irrevocable beneficiary's consent the beneficiary cannot be changed, that the magic of "the 'just a box". You and your mother have to try to negotiate with the insurance company about overturning a fraudulent change of beneficiary. I don't know if filling a police complaint can help but try and find out.
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