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Insurance and Wills go outside probate


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Posted by Boadicea (209.242.167.226) on May 27, 2004 at 19:27:24:

In Reply to: Credit balances and illness? posted by anon on May 26, 2004 at 23:28:49:

Anything that is passed DIRECTLY to a beneficiary via will, or if the beneficiaries are named (such as in an insurance policy, annuity, 401K, etc.), is not considered part of an estate once the benefactor has passed. There is no need to probate it, and therefore the CA has no means to put a claim on it once the will has been executed.

In this case, once your friend's father has passed, the survivors are not responsible for any of his debts. Period.

Best not to respond to them at all, I think.




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