How do you force an executor to foot proceeds from existence insurance to you the beneficiary immediately that you are 18?
The executor CAN'T. He doesn't have the money. The executor only have the ESTATE money. He can only distribute according to the WILL.
The INSURANCE company distributes, IF you're the named beneficiary on the policy. If you be a minor at the time of death, a TRUST was set up - yak to the trustee.
And it's not common, that money gets released when you turn 18. 18 year olds are NOT penny astute. Most of the time, you'll have to be 21 or 25. IF there's a trust, AND it was directed to disburse at a particular age.
Better go down to the probate court, and check the will. Source(s): agent, 21+ years
Estate executors have nil to do with life insurance proceeds. Were the proceeds salaried to a trustee because you were under 18? Is that what you stingy.
There are three possible scenarios:
1. There is a trust that has the money. Contact the trustee.
2. Your former guardian have it. Thank them for holding it in your name and ask them to provide it to you.
3. There was no money from a life policy.
If you run into a brick wall, try contacting the insurance company directly, providing them near evidence of your identity, and tracking it down. Source(s): http://www.councilfinancial.com/trust-re…
Related Questions:
The INSURANCE company distributes, IF you're the named beneficiary on the policy. If you be a minor at the time of death, a TRUST was set up - yak to the trustee.
And it's not common, that money gets released when you turn 18. 18 year olds are NOT penny astute. Most of the time, you'll have to be 21 or 25. IF there's a trust, AND it was directed to disburse at a particular age.
Better go down to the probate court, and check the will. Source(s): agent, 21+ years
Estate executors have nil to do with life insurance proceeds. Were the proceeds salaried to a trustee because you were under 18? Is that what you stingy.
There are three possible scenarios:
1. There is a trust that has the money. Contact the trustee.
2. Your former guardian have it. Thank them for holding it in your name and ask them to provide it to you.
3. There was no money from a life policy.
If you run into a brick wall, try contacting the insurance company directly, providing them near evidence of your identity, and tracking it down. Source(s): http://www.councilfinancial.com/trust-re…
Related Questions:
- What is a "successor"? Im reading my dads life span insurance?
- How do you business near this insurance policy guys?
- Can someone enjoy 2 energy insurance policies?
- How do you find out what description of vivacity insurance policies, IRA's, and CD's a family connections contributor have when they outdo?
- If you needed go insurance would you "rent" it or buy it?