GL.2001.169 (PDF File)
Please indicate the percentage share designated to each primary beneficiary. The total for all primary beneficiaries must equal 100%. If no percentages are specified, the proceeds will be split evenly among those named.
www.hrs.virginia.edu/forms/prudentialbeneficiarydesigna... www.hrs.virginia.edu/forms/prudentialbeneficiarydesignation.pdf
an interpleader action, the named beneficiary claimed the proceeds of .... of the assignee to the proceeds of the policy as against the named beneficiary.l4 ...
www.jstor.org/stable/1284740
A guardian, trust, or trustee should be named beneficiary to ensure competent management of the proceeds for the children. By naming a children's trust as a beneficiary, for example, the proceeds could be invested and managed by a competent trustee (a person or institution) you choose.
finance.yahoo.com/how-to-guide/retirement/18440
One of the advantages of life insurance is that proceeds payable to a named beneficiary pass outside of probate. Naming your "estate" as beneficiary subjects the money to the probate process, which can be both lengthy and costly.
www.quickquote.com/libene.html
The sister was the named designated beneficiary under a life insurance policy with the Insurer. The daughter argued however that, prior to the Insured's death, he had intended that she be the beneficiary under the policy. ... Home > Summaries > The named beneficiary in a life insurance policy is entitled to the proceeds...
insuranceblog.harpergrey.com/2008/05/articles/summaries... insuranceblog.harpergrey.com/2008/05/articles/summaries/the-named-beneficiary-in-a-life-insurance-policy-is-entitled-to-the-proceeds/
3.1 Hand in hand with the rights of a beneficiary to information about the trust is his right to be made aware that he is a beneficiary at all. The English law on this subject is not free from doubt, but the currently accepted view appears to be:
www.lawcomm.gov.je/part3.htm
Generally, an insurance policy would be paid to the beneficiaries named in such policy. The proceeds would not be a part of the probate estate. ... If the policy does not designate a beneficiary, then the proceeds would be paid to the estate. A policy could designate a class of beneficiaries without specifically naming...
courts.co.calhoun.mi.us/quest324.htm
Therefore, she was not entitled to the life insurance proceeds or pension benefits which, in the absence of a named beneficiary, would be awarded to the decedent’s estate.
courts.co.calhoun.mi.us/05dom015.htm
also, a minor can only be named as a beneficiary if a guardian is assigned to supervise the life insurance proceeds and the spending of them until the minor reaches adulthood...
www.lifeinsuranceindepth.com/beneficiary.html www.lifeinsuranceindepth.com/beneficiary.html
Life insurance proceeds payable to a named beneficiary pass outside of probate. Naming your "estate" as beneficiary subjects the money to the probate process and that can be both lengthy and costly. Life insurance proceeds are paid immediately to named beneficiaries.
www.1stquote.com/beneficiary.htm www.1stquote.com/beneficiary.htm