lilyofthevalley
Junior Member
What is the name of your state? PA
My sister died without a will. She had a small life insurance policy through her work; unfortunately, she never got around to naming a beneficiary. We decided not to set up an estate for her because she owned no property and she was very far in debt to credit cards. The life insurance company will make a payout to her son if he fills out a "short-form affidavit," which asks him to list (among other things) debts and debtors. My question is: if my nephew fills out this form, gets it notarized, and sends it to the life insurance company, will this make him legally responsible for her unpaid debts?
Thank you so much for your time.
My sister died without a will. She had a small life insurance policy through her work; unfortunately, she never got around to naming a beneficiary. We decided not to set up an estate for her because she owned no property and she was very far in debt to credit cards. The life insurance company will make a payout to her son if he fills out a "short-form affidavit," which asks him to list (among other things) debts and debtors. My question is: if my nephew fills out this form, gets it notarized, and sends it to the life insurance company, will this make him legally responsible for her unpaid debts?
Thank you so much for your time.