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Re: OT: What Would You Do?


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Posted by 8N'r--WI on July 19, 2012 at 08:32:54 from (12.104.244.6):

In Reply to: OT: What Would You Do? posted by RBnSC on July 19, 2012 at 03:51:52:

RB---if your daughter and any of her uncles were a named beneficiary on an annuity, EACH one of the beneficiaries would have HAD to have signed the Insurance Company (annuity company) "request for benefits" form....

Your daughter, if one of these beneficiaries, would be able to contact the insurance company and simply ask how much money she was supposed to receive.

Each beneficiary would have instructed the insurance company as to HOW they wished to receive the money and WHERE to send the money.

As a side note, any beneficiary that DID NOT request a settlement, would still have money left at the insurance company. SOME insurance companies will NOT distribute a dime until they received the "request for benefits" form from ALL the named beneficiaries BEFORE they give any money out to anyone.

SOME insurance companies do make mistakes and could have deposited all the money into someones account in error, but that is not a commone occurrence.

I would have your daughter call this insurance company FIRST.

Tim


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