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Posted: Tue Jul 14, 2009 1:55 am Post subject: Does an executor of the will have to provide the beneficiari |
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My Grandmother passed and my brother was left executor of the will, He refuses to provide my other siblings and I with a copy of my grandmother's life insurance policies, we live in the state of georgia can he do that? _________________ Register Now to have your Insurance queries solved. |
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Posted: Tue Jul 14, 2009 6:42 am Post subject: |
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Hello Guest,
Why do you need the copy of the life insurance policy of your grandmother? Are you a named beneficiary in her policy?
An executor can't stop the beneficiary from receiving the death benefits. If the policy has a named beneficiary it'd not get included in the estate of the deceased and an executor's duty is limited to executing the clauses of the will of the decedent and pay-off her debts.
Thanks,
Rupert |
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RupertWBradson
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Joined: 05 Jul 2007
Posts: 703
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Posted: Tue Jul 14, 2009 5:10 pm Post subject: |
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There are many reasons that an executor may not want to show family members a policy. For example, it could cause hurt feelings when some find out they have much less, etc.
That being said, there is absolutely nothing that could be done to stop an insurance policy from being paid out. The executor simply is executing the wishes of the will as pertaining to the estate. If anybody is listed as a single beneficiary, then they will receive money outside of the estate.
If the will says everybody gets a share of the final estate, then it's really not a beneficiary situation. In this case the insurance probably has the estate listed as the beneficiary.
Good Luck! |
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ChrisBantly
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Joined: 11 Mar 2009
Posts: 381
Location: Upstate SC
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Posted: Tue Aug 11, 2009 1:45 pm Post subject: Probate will |
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Does an executor of a will in Dallas county Texas, receive a certain percentage of the estate for handling the executorship of a probated will? _________________ Register Now to have your Insurance queries solved. |
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newkirk1
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