Do I have any rights with regard to property that my mother bought with my late father’s ife insurance money?

My father passed when I was 10 years old; I am now 19. My mother re-married quickly and with my father’s life insurance she built a house and bought 35 acres. Now she is divorced again and selling the land. Is there any way I am entitled to some of the money she gets from selling the property?

Asked on September 12, 2012 under Estate Planning, Texas

Answers:

B.H.F., Member, Texas State Bar / FreeAdvice Contributing Attorney

Answered 8 years ago | Contributor

If she was listed as the beneficiary of the life insurance policy, then no, you would not have any rights to the money or the investments of that money. 

Some items pass by will and other things pass by law... for example, if people own a piece of property with a "right of survivorship," then the land would automatically go to the survivor without the necessity of a will.  Insurance policies have a similar effect.  Whoever is listed as the beneficiary gets the proceeds.  If you were listed on the insurance policy, then you may have an interest in the proceeds, but only if you are listed specifically by name or indirectly as the recipient of a trust.


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.