Legal Question in Civil Litigation in North Carolina
I became owner and benefactor of my mothers life insurance policy in 2006. My mother has no estate or will. Upon her death should there be any remaining balance after her final bills and funeral expences are paid am I required by NC law to share remaining balance with any siblings I have?
Asked on 6/11/21, 7:01 am
1 Answer from Attorneys
If your mother dies without a will yes, you will have to share anything left over with your siblings assuming there isn't anyone else with a higher priority than children. As to the insurance policy, if you are the beneficiary you will get all of that. However, just as you have an insurance policy on your mother's life with you as beneficiary, there is nothing stopping your siblings from doing the same.
Answered on 6/11/21, 7:12 am
Related Questions & Answers
-
Deny a Club Member request to take a leave of absence. Asked 5/07/20, 12:48 pm in United States North Carolina General Civil Litigation
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
