QUESTION
No will, no estate just found life insurance policy
Asked on Dec 26th, 2012 on Wills and Probate - New Jersey
More details to this question:
My grandfather died with no will. My grandmother predeceased him. I just found out that there is a small life insurance policy naming my grandmother as the beneficiary. Who is entitled to the money from the policy?
1 ANSWER
2 Awards
Because your grandmother died first, and your grandfather did not name a new beneficiary, the insurance policy will go into his estate, and will be divided according to New Jersey intestate laws. Those are the laws that govern what happens when a person dies without a will. The estate will go to your grandfathers parents first, but I'm going to assume they have passed, and if they have to his children, or grandchildren if any of his children have passed. You will need to get an attorney to help you with this. I am available by internet or phone this week, or next week in the office.
Answered on Dec 27th, 2012 at 9:44 AM
Diana L. Anderson, Certified Elder Law Attorney This response is not legal advice and does not establish any form of attorney/client relationship