I'm actually a Canadian and I can't seem to find any forums to help so I'm hoping to get a few opinions from here.
In 2006 I received an insurance policy valued at $100,000. I was not the heir to the estate but was listed as the beneficiary of the policy. My step mother was the heir to the estate. When she tried to claim the policy the insurance company would not speak to her and asked for me. It was then I learned I was the beneficiary to the policy. Since that time my step mother and I have drift apart.... blah blah blah
Today I received a letter from an adjuster to the insurance company stating that the money was paid to me in error, that it should have been paid to my step mother and that they are look to claim the full amount.
Is this possible??? The money is now tied up in my home, all of it. Can they force me to sell my home???
I know the laws might be slightly different but any opinions are appreciated.
In 2006 I received an insurance policy valued at $100,000. I was not the heir to the estate but was listed as the beneficiary of the policy. My step mother was the heir to the estate. When she tried to claim the policy the insurance company would not speak to her and asked for me. It was then I learned I was the beneficiary to the policy. Since that time my step mother and I have drift apart.... blah blah blah
Today I received a letter from an adjuster to the insurance company stating that the money was paid to me in error, that it should have been paid to my step mother and that they are look to claim the full amount.
Is this possible??? The money is now tied up in my home, all of it. Can they force me to sell my home???
I know the laws might be slightly different but any opinions are appreciated.