What to do if my uncle passed and I found out that there is an insurance policy listing me as the beneficiary?

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What to do if my uncle passed and I found out that there is an insurance policy listing me as the beneficiary?

He is married and his wife is trying to contest it without me knowing. The wife does not know that I am aware of the policy.

Asked on March 17, 2013 under Estate Planning, Florida

Answers:

M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney

Answered 8 years ago | Contributor

I am so sorry for your loss.  So now you do know and you need to do something about it and you need to do so as soon as you can.  If she is contesting the designation then the insurance company will probably "interplead" the funds in to court which is what you want.  You need to contact the insurance company and tell them that (a) you wish to have them send you the forms to obtain the proceeds or (b) that you wish for them to interpead the funds. A first then B.  The insurance company will not just hand it over - and if they did you would have a case against them.  Good luck.  


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