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What If the Heir Does Not Want Life Insurance Proceeds?Finance  Form

What If the Heir Does Not Want Life Insurance Proceeds?Finance Form

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hey there estate planning attorney paul rabale here and in this video we're going to talk about how to protect life insurance proceeds particularly if there's concerns that either the estate of the insured or the beneficiary has potential debts or creditor issues all right so so life insurance it's often payable either to a surviving spouse or to a child or children of the deceased isn't always that way but typically is and so the question becomes should you do anything special if you're a beneficiary should should you do anything special with that money and the slant i'm going to give in this video is that some people who are a beneficiary or who are who are involved in an estate they worry about how there may be some significant debts of the estate maybe the deceased who was also the insured of a life insurance policy maybe that person had a lot of real estate debt maybe the debt even exceeds the value of the real estate that they own maybe they have some significant business debt ma

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