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What Information Is Needed For The Beneficiaries On A Will And Life Insurance?

Posted May 21, 2009 – 10:33 pm in: structured settlements FAQ

My dad is going to add my hubby and I to his will so that we get custody of my little brother if anything were to happen to him and my stepmom. He also wants to add us to his life insurance policy so that we would recieve that as well so that we [...]

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Can A Will Override A Life Insurance Policy Regarding Beneficiaries?

Posted May 8, 2009 – 10:39 pm in: structured settlements FAQ

My father in law had a life insurance policy that stated who the beneficiaries were. A few months ago he re-wrote his will and in the will stated that he no longer wants the original beneficiaries but rather some other ones. The policy was never changed, and he is now deceased. Do [...]

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Can Life Insurance Be Forced To Go To Pay Debts If There Are Named Be Beneficiaries?

Posted April 23, 2009 – 4:37 am in: structured settlements FAQ

My dad passed away in Nov. He had named beneficiaries on his life insurance at work. He has way more debt than assets, he will have a negative estate. Creditors are threatening that we should use the life insurance to pay the balances…are these just tactics they use? Should we be concerned that the money [...]

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