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Can someone under 18 be a beneficiary?

Amelia Brooks | 2023-06-08 23:58:29 | page views：1494
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Zoe Lopez

Studied at the University of Johannesburg, Lives in Johannesburg, South Africa.
1. Naming a minor child. Life insurance companies won't pay the proceeds directly to minors. If you haven't created a trust or made any legal arrangements for someone to manage the money, the court will appoint a guardian, a costly process, to handle the proceeds until the child reaches 18 or 21, depending on the state ...Jul 29, 2016
2023-06-17 23:58:29
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Oliver Wilson

QuesHub.com delivers expert answers and knowledge to you.
1. Naming a minor child. Life insurance companies won't pay the proceeds directly to minors. If you haven't created a trust or made any legal arrangements for someone to manage the money, the court will appoint a guardian, a costly process, to handle the proceeds until the child reaches 18 or 21, depending on the state ...Jul 29, 2016
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