MesswithTan
Region: US
Tuesday 30 January 2024 01:26:15 GMT
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ST :
Mine would only let me list my minor child if I did a percentage to someone over age 18. I'm married so that was easy but a lot of people have no one.
2024-01-31 02:07:14
3
Aquarius Nae :
Create a trust for the children, list the trust as the beneficiary for the insurance policy. The trust can pay for the burial.
2024-01-30 21:42:09
77
Carrie Sweatt :
very informative..
2024-01-30 02:55:47
33
Kia92 :
So why they say it can be anyone
2024-01-30 17:40:10
12
Send Help 🆘️🇺🇸 :
I set up a trust account to avoid this.
2024-01-30 14:41:53
12
HeyCam22 :
so would they pay out once the child turns 18?
2024-01-30 03:29:02
7
TravelwithLee :
Put the insurance in the trust name at least that’s what I plan to do soon 🙏
2024-01-30 06:52:07
6
Lizzie :
In 19 years of banking only once was there a child beneficiary and it was a nightmare. We strongly discourage it
2024-01-30 12:28:45
5
Tracie :
My nephew was 9 when my sil passed away, he had to wait until he turned 18 before they paid the policy .
2024-01-30 16:46:39
4
Tajuana850 :
My mom had a policy on me. She passed and they wouldn't let me get the policy to change the beneficiary and take over the payments but wanted me to keep paying for it.
2024-01-30 15:10:49
4
Nique_Undefined :
Split the policy with an adult and your child until your child is an adult👏🏽
2024-01-30 12:22:45
4
MsDarbins_2u :
So why did the insurance company accept the application when a minor was delegated as the beneficiary?
2024-01-30 11:18:33
4
Nichole :
I have more than one policy so as long as one of the policy have an adult on there.
2024-01-30 02:20:10
4
Eliz. :
Its a shame that when money comes in after death the ones we trust are greedy🥺
2024-01-30 01:43:17
4
TABOO :
💯! I purposely created a revocable trust and made it the beneficiary of my life insurance. My child is in elementary school.
2024-01-30 17:16:09
3
Just✨Mya :
Keyword is trust I wa son my dads policy he forgot to take the family member off once I was of age. They took their half and ran 🙃
2024-01-30 14:49:57
3
Tanya Roache :
Thanks for the information
2024-01-30 02:44:14
3
Jenna :
Atp it sounds like ppl should just put the money to the side and pay cash for funerals cuz it’s always something
2024-01-31 03:44:00
2
sparkles_n_shyyt :
Trust and healthcare directive …. Avoid all that 😔
2024-01-31 01:52:41
2
CC|Mom|Foodie|Traveler :
but is the father by law next of kin since the kid is under 18?
2024-01-31 01:11:01
2
Nottiephooh :
I have two beneficiaries
2024-01-30 22:31:00
2
B_Shayla :
This is y ppl don’t trust life insurance cuz of loop holes
2024-01-30 19:10:11
2
Nikki Nay :
I have my son listed and my sister but her percentage is just enough for the cost of a service…. Should I go another route? The only person to get any money is my son.
2024-01-30 13:28:22
2
PeoplesAgent :
Or just create a living trust and put your policy inside it.
2024-01-30 01:48:20
2
Eliz. :
So the body stays umtil probate court completed? I listed my baby too 😳 Time to change it.
2024-01-30 01:39:00
2
Sheri🧿🏳️🌈🇺🇸🪬 :
That’s why my husband is primary and my children are secondary beneficiaries. He get the amount to cover the final expenses. My kids get enough to
2024-02-08 21:31:48
1
Qween Owens :
if ppl are paying for insurance they should have the right to put who they want as the beneficiary.. unless the person is really young, but let's just be honest a 17 yr ol can make decisions
2024-02-02 23:19:05
1
Whitney | Legacy Planner :
1000%, life insurance companies will not release benefits to a minor.
2024-02-02 04:10:11
1
Landlady ree :
Well it seems to me that’s why she listed her child she didn’t have anyone she trusted whole heartedly
2024-02-02 03:07:49
1
Mstoca :
For clarity, are saying 18 AND over or is it a strict over 18? Meaning 19 and up.
2024-02-01 16:06:29
1
DeAundra :
Okay I have my kids listed as mine but I also have my mother getting a chunk enough to cover funeral expenses
2024-02-01 01:55:12
1
Meagan H💗 :
Definitely!! when my kids were under age . I had my mom listed .
2024-01-31 19:41:23
1
mignonsteele44 :
i have to update my info
2024-01-31 02:43:38
1
Sunny D :
When my daughter was underage I just added my dad. No one told me this information but I just felt the need to add him. Glad I did in the event it had to be used.
2024-01-30 22:41:15
1
TempyBaBy :
wow
2024-01-30 22:41:12
1
Monique :
My daughter and 2 minor sons are my beneficiary s, but they won't get the money until they are 21
2024-01-30 22:00:53
1
𓂃𓂃 :
She could just get emancipated and they would have to give it to her.
2024-01-30 21:24:50
1
Qu3ensK1ng :
Ugma/Utma or trust
2024-01-30 20:08:27
1
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