Can a life insurance beneficiary be disputed?

by Guest » Wed Nov 12, 2008 03:43 am
Guest

Hello, I'd appreciate anyone's advice on this one being in my shoes so here it goes...

My former boyfriend and 2 year olds father had split up after I found him cheating on me. He ended up getting engaged to this girl and removed the beneficiary from me to her. Understandable if we weren't together but my daughter was left out. They broke up because he started seeing another woman. After 6 weeks of seeing her he committed suicide and never took the girl before her off as beneficiary. The policy he had taken out when I got pregnant was over the 2 year clause at this point. Legally I know that the insurance companies pay to the beneficiary pretty much no matter what. My concern was this:

My ex's mother is suing this woman and said it's for my daughter but she wants to keep it out of his estate. ( that will be going to my daughter as soul aire anyway.) She said they are negotiating a payout settlement out of court and she will then open an account for my daughter when she's 18. As guardian of my daughter, what would someone do to make sure this is going for her or if she could sue, why couldn't I? I'm confused as to what someone would or could do.

Please keep in mind that my ex's mother is all about control and money going into this. She has not always been honest with me. She is also the executor of the estate which is understandable. I was sitting back but now have been told numerous things as if I'm not doing what I should or that I have rights when it comes to my daughter in this situation. If there is anything that I should know I wanted to ask you. What would you do?

Total Comments: 31

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