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Life insurance

  • Thread starter Boyfriend unsure
  • Start date

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Boyfriend unsure

Guest
My boyfriends Mother died in Feb 2000 and his oldest brother is executor of the will. The will stated that everything should be devided equally among the 4 brothers.
I know my boyfriends mother had a large life insurance policy, but the older brother is stating it was only enough to pay for her burial. How does my boyfriend find out the actual amount of the policy and can he go after his brother if the policy was more than the cost of the burial.
 


I

illinoisestateplan.com

Guest
It sounds as if a probate estate was opened and that the life insurance was payable to the decedent's estate. If there is a probate estate, then your brother will be entitled to an inventory and accounting. That should say how much the policy was worth.

Jeffrey R. Gottlieb http://www.illinoisestateplan.com
 

ALawyer

Senior Member
A life insurance policy is payable to either the named beneficiary or the estate.

There may be multiple policies -- some from the job (and former the employer if retured) and some privately purchased.

If the insurance was NOT payable to the estate then get the facts from the court or the insurance company that issued the policy. If it is employer based group insurance, ask the employer who the carrier was.

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This is intended as general information only and NOT LEGAL ADVICE. You are not my client, and I have no obligation of any kind to you. To retain a lawyer, go to http://AttorneyPages.com
 

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