If a parent is deceased, and one of the children(there is 4 children) presents a life insurance policy(with that child as named beneficiary)to the funeral home as payment, is that child entitled to receive that money back from the deceased parents estate?
1 Answer from Attorneys
Re: parents estate
A policy cannot be used as payment, only the funds form the policy when paid out. So, I'm not sure I understand the situation.
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