Question
What is the name of your state?Michigan. I am sole benefitiary to father's life insurance and also his personal rep named in will. Do I have to split life insurance between all 4 kids or is it mine???
Answer
Life insurance passes outside of the estate and goes ONLY to the beneficiary named.
Answer
i have been told that by 2 lawyers but his other kids don't believe it
Answer
i have been told that by 2 lawyers but his other kids don't believe it
Well, really, who gives a rat's ass what they believe?
Answer
he had something called WILL SUMMARY SHEET and in it listed his personal rep(me) and his assests which the life insurance was listed as an assest does that change your earlier answer????
Answer
DO you have a copy of the policy in front of you?
If not, then get it THEN come back here.
Answer
yes i do i have it right here
Answer
yes i do i have it right here
Well? In beneficiary what does it say EXACTLY!
Answer
spouse because my mother was only passed away for two months when he made the will but i am soley beneficiary now he changed it a year before he died