Legal Question in Wills and Trusts in Florida
When a parent dies, is the surviving parent required to share the life insurance with the adult children?
Asked on 2/09/13, 5:38 am
2 Answers from Attorneys
Barry Stein
De Cardenas, Freixas, Stein & Zachary
The beneficiary of the policy gets the proceeds. If no beneficiary then the proceeds get paid to the probate Estate and distributed per the Will or per intestacy if no will.
Answered on 2/09/13, 5:51 am
Lucreita Becude
Lucreita D. Becude, P.A.
Mr. Stein is correct in his response. If I can be of assistance, please contact my office for an appointment. 904-997-1031
Answered on 2/09/13, 6:30 am