state of california, does a life insurance policy fall under “any money “that is left to me in my fathers will
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state of california, does a life insurance policy fall under “any money “that is left to me in my fathers will
i am being told that the life insurance policy is not considered money, and not to go to me but to the person whos name is on the policy
Asked on July 1, 2009 under Estate Planning, California
Answers:
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 14 years ago | Contributor
Proceeds from a life insurance policy pass directly to the named beneficiary in the policy. They do not pass through the will. If you were not the beneficiary then you have no right to the life insurance proceeds.
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 14 years ago | Contributor
Proceeds from a life insurance policy pass directly to the named beneficiary in the policy. They do not pass through the will. If you were not the beneficiary then you have no right to the life insurance proceeds.
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