Contesting a beneficiary!

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PostPosted: Mon Jul 25, 2011 1:05 am   Post subject:   

There is a will. All it states is that I am executor of the estate. The life insurance policy is truly the only assets. I spoke with the life insurance company and they said we did not need an estate inorder to pay out the policy. They ask me how I wanted my payout (check or for them to set up an account). Since my sister can not be tracked down, her half is being held by them.

I live in KY and the attorney told me if the company can pay out the funds without an estate, do it. He is going to file a claim for distribution for the small amount in his bank account and his car (which also has little value). I will get both those items. My sister is not mentioned in the will, but the life insurance company said there was no beneficiary so it's split between the kids. Do I have the right to challenge my half sister for her portion or anything I can do to make sure she uses it wisely due to her drug issues?

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Son with a question
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PostPosted: Mon Jul 25, 2011 1:11 am   Post subject:   

There is a will. All it states is that I am executor of the estate. The life insurance policy is truly the only assets. I spoke with the life insurance company and they said we did not need an estate inorder to pay out the policy. They ask me how I wanted my payout (check or for them to set up an account). Since my sister can not be tracked down, her half is being held by them.

I live in KY and the attorney told me if the company can pay out the funds without an estate, do it. He is going to file a claim for distribution for the small amount in his bank account and his car (which also has little value). I will get both those items. My sister is not mentioned in the will, but the life insurance company said there was no beneficiary so it's split between the kids. Do I have the right to challenge my half sister for her portion or anything I can do to make sure she uses it wisely due to her drug issues?

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Son with a question
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PostPosted: Sun Sep 11, 2011 6:36 am   Post subject: nafarius siblings  

Siblings hired a lawyer demanding that I turn over mutual funds from deceased brother. Stating that he was under hospice care and named me as beneficary four days before he passed away. Do they have a case?
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meme
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PostPosted: Mon Sep 12, 2011 5:13 am   Post subject:   

Are you the only beneficiary or your siblings are a part of it? if you are the sole beneficiary then they don't have high chances of wining the case. but as siblings they may file a case (which they did) challenging the beneficiary, as you are the only sibling who is to be benefited, and they have an equal right to it.
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PostPosted: Sat Feb 25, 2012 12:11 pm   Post subject:   

My father just past of cancer.in his will he left his estate to me and my two sisters.in his will it States it supersedes any previous life insurance.to our surprise an insurance co contacted us and was looking for our enstranged mother who has been gone for sixteen years.he was not aware of the policy and listed no beneficiaries.is there any way to contest her as beneficiary?
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gla-la1721
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PostPosted: Sun Apr 15, 2012 4:25 pm   Post subject:   

My father died and my uncle seems to think he is the beneficiary to his retirement. Which makes no sense since they didnt get along. If it is him can me and my brother fight it. We were both close to my dad. We also have my dads other siblings on our side, saying no way he would leave it to my uncle.
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jenrib32
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PostPosted: Mon Apr 16, 2012 9:00 pm   Post subject: contesting 401k beneficiary  

my friend intended to change his beneficary from his ex to his sister due to ugly circumstances with the ex...her stealing from him, abandonment among other things. the papers were never given back to the his secretary to initiate the change. can anything be done? (this is ex girlfriend not wife)
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anonymous1234
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