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Is The Beneficiary Of A Life Insurance Contradict With A Power Of Attorney, Supposedly It’s The Same Person?

Posted May 25, 2009 – 10:25 am in: structured settlements FAQ

I was named a main beneficiary on my mom life insurance many years ago. She recently in a comma due to cancer, and I was appointed as her power of attorney. According to a clause in the Power of Attorney: “my Agent cannot designate himself or herself a beneficiary of any such insurance contracts”, is [...]

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