Legal Question in Wills and Trusts in Washington

Letters of administration served to insurance for annuity in Idaho state how long before insurance has to release information toy personal rep


Asked on 6/23/14, 9:39 am

1 Answer from Attorneys

Charles Cruikshank Cruikshank Law Office-Since 1975

Service of Letters of Administration are only notice of the appointment. If a claim needs to be made, the Administrator needs to contact the insurance company and request a claim form, which needs to be completed and returned.

The Administrator is probably not a beneficiary of an annuity as an annuity may not have a death benefit at all, depending on the agreement. Typically, annuities only pay income for life to the person who purchases it and expires with no further payments upon the death of the owner/beneficiary.

An exception is a joint annuity, where a surviving spouse may receive a stream of payments after the first spouse dies.

Read more
Answered on 6/23/14, 10:46 am


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Washington