How can I find out if I am the beneficiary on a life insurance policy?

  • by Kyle
  • Nov 18,2015
  • 7 answers

My father was murdered when I was 3 and therefore im assuming my Mother had access to those funds until I turned 18. My mom and Grandma told me that I was left twenty five thousand dollars, but my mom used that money to buy a cabin up north and is trying to sell it but ill only get my money "if they can afford to give it to me" I need to check to see it in writing that I am owed 25K so I can take her to court. How can I go about this not knowing the insurance company, my mom obviously not going to help me and really no direction on where to go next..


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Insurance Answers (7)

Casey Y 6 months ago

You can absolutely not take your mother to court. Any judge will laugh you out and you wont get a lawyer willing to take this one on.
Did you live with her from 3-18? If so, all of that money should have been used to support you. If she simply used her earned income instead of dipping into this account, it wouldn't change the facts of the case..

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mbrcatz 6 months ago

You can't. And, even if you were, as your legal guardian mom could have spent that money any way she wants.
And also, $25,000 is a drop in the bucket of what it costs to raise a child for 15 years.
That money is long gone - and it really doesn't matter what she spent it on. I'm quite sure your food, clothing, shelter, child care, extra curricular activities, medical bills, and presents cost WAY more than $25,000 over the past 15 years.
You are completely not entitled to anything. If there WAS a life insurance policy, it long since got paid out.

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Insurance Pickle.com 6 months ago

What likely occurred if you were the beneficiary is that your mother would have put that money into a custodial account. She could likely spend that money on you for your benefit over the past 15 years. It might be a hard battle to win, but you could certainly consult an attorney if you'd like.
If your father truly wanted you to get money at age 18, then he should/could have made other arrangements.

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ANALYST 6 months ago

You want to ruin your relationship with your mother for MONEY ! What ?

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A Hunch 6 months ago

It is very very very unlikely there is any money for you. It would be rare that this money would be established in a trust for you. Instead this money was provided to your caregiver (mother) to support you, since your father was not around to provide his portion.
- If mom took the "check" for the $25,000 and purchased a cabin with it, so what. She spent more than $25,000 providing for you from age 3-18. This simply means she used her own money when she didn't have to and is reimbursing herself.

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jmm2112 6 months ago

You're confusing "insurance money" with estate assets. In the UNLIKELY event that you, as a three-year-old, were named as an insurance beneficiary, that money would have been given to a trustee (normally the surviving parent) to manage. A minor cannot be paid an insurance benefit directly. And it doesn't mean the money is "saved" for you. What your other relatives told you may concern someone's intent for money - that's not the same as a legal right to it.

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babyboomer1001 6 months ago

Minors own nothing. IF you were left anything, it was left "in trust" for you. Your mother would likely have been the trustee overseeing the money and investing it for you. You cannot get the money until you are either of legal age or the age at which your father stated that you would receive it, which could be age 21, 25 or even 30. If she chose to invest the money in a cabin (real estate), then it was a wise choice back then. Be patient. You might get it when you are entitled to it. If you do not, then just ask her. Do it in a nice way. When you come across nasty or greedy, with an attitude of entitlement, expect a response in kind. After the cabin has been sold and the closing date has passed, just ask her whether some of it is coming your way. If she did not intend to give you any of it, she would not have told you that $25k was left to you.

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