Question for the Money Doctors
Question submitted on Jun 1, 2015.
QuestionMy wife past away 5/3/2015 I am the sole beneficary on both her policies I was told today that a third party has requested a retriction on the policies and that they have thirty days to get a judge to block payout if not then they will send me the funds don't understand what there or myself are my legal rights.
It sounds like someone has contested your rights as beneficiary to the policies. You should contact an attorney specializing in these type of life insurance beneficiary matters to be your advocate during the dispute. Hopefully the attorney can protect your rights to the insurance proceeds.
For additional information visit http://www.360financialliteracy.org/