Beneficiary of Life Insurance is Deceased and left no will

[cronina]

What is the name of your state?
Name of state is California.

Question is: The beneficiary of a Life Insurance has died. Upon the death of the Insured, what happens to this policy if the beneficiary (now deceased) left no will or alternate beneficiary?

 

[I AM ALWAYS LIABLE]

What is the name of your state?
Name of state is California.

Question is: The beneficiary of a Life Insurance has died. Upon the death of the Insured, what happens to this policy if the beneficiary (now deceased) left no will or alternate beneficiary?

My response:

Easy.

The money goes to the Estate of the deceased beneficiary, and is divided amongst the deceased heirs pursuant to Statute.

IAAL

 

[Dandy Don]

So what does the insurance company intend to do about this?

The heirs will need to hire a probate attorney to open up an intestate probate proceeding for the decedent's estate if no one else has done so.

DANDY DON IN OKLAHOMA ([email protected])