What is the name of your state? Kentucky
My brother has just died intestate.
I have just petitioned the court for "Dispense with Administration as a preferred creditor" of my brother's estate.
His insurance policy has named me 70% beneficiary and his 16 year old daughter 30% beneficiary.
In addition he has a 457 deferred compensation pension fund of which I am 100% beneficiary.
QUESTION:
Is this money liable for any creditors to sue the estate for any oustanding debts? credit cards, vehicle loans, mortgage balances, etc....
My brother has just died intestate.
I have just petitioned the court for "Dispense with Administration as a preferred creditor" of my brother's estate.
His insurance policy has named me 70% beneficiary and his 16 year old daughter 30% beneficiary.
In addition he has a 457 deferred compensation pension fund of which I am 100% beneficiary.
QUESTION:
Is this money liable for any creditors to sue the estate for any oustanding debts? credit cards, vehicle loans, mortgage balances, etc....