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Recent content by Silas1066

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    Father has ex-girlfriend named as beneficiary in a life insurance policy

    He changed his trust in July of this year, which changed the beneficiary on the insurance policy. He was medically diagnosed with vascular dementia in early October (he had symptoms before this, but that is when MRIs were performed, and he was deemed incompetent). The policy does not pay...
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    Father has ex-girlfriend named as beneficiary in a life insurance policy

    My father took out the policy originally, and had a current girlfriend as the beneficiary. He later changed it to the old girlfriend (4 months before being formally diagnosed with vascular dementia). The only thing that seems very strange to me is the requirement within the trust that the old...
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    Father has ex-girlfriend named as beneficiary in a life insurance policy

    I am in Illinois. My father modified his trust recently, and after developing dementia, my sister had to take PoA for medical and financial. Upon doing that, she noticed that within his trust was a life insurance policy for $600,000 that lists his ex-girlfriend as a beneficiary. But the strange...
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