I don’t have a will and my husband is my sole beneficiary in my life and he is not my son’s biological father.

 
  • mbrcatz 4:25 pm on August 31, 2010

    No. The insurance company will ONLY pay the named beneficiary.

  • sassy25 4:25 pm on August 31, 2010

    No Only the Beneficiary is entitled. Even having a will cannot change that.

  • Todd A 4:25 pm on August 31, 2010

    No. You should contact an attorney. You’ll need to put it to a trust fund in his name but make his guardian a trustee (or whomever you trust).

  • Sammy 4:25 pm on August 31, 2010

    well,if he can prove that he was married to you then i’ll say that he should get it. if your son is underage they will have to give him a little bit of the life insurance.i think that the kid should get the life insurance because your husband can just apply for it while your kid can’t.by the way i think if you die that i will be sad.

  • Chris C 4:25 pm on August 31, 2010

    I love how everyone is assuming both sides on whether you actually want the kid to have the money or not…lol.

    Regardless, who ever is listed as the beneficiary has 100% rights to the money. This can not even be contested in court and even if you had a Will this would not be over turned. This is a perfectly legitimate question and shouldn’t be mocked!

    If you want the kid to have the money, you need to name him as the beneficiary and list a trustee (if you’re concerned about your husband not giving the money to the kid, name someone else as the trustee, like a VERY trustworthy friend, or a sibling of yours). Once your son reaches the age of majority, he will be entitled to the money that is left (the trustee can spend the money as they see fit, so if you want to make sure the son gets it make the trustee someone you can trust!).

    If you don’t want your son to get anything, leave it as is with just your husband as the beneficiary.

  • Insurance Pickle.com 4:25 pm on August 31, 2010

    The beneficiary gets the money. PERIOD. If you want to son to get the money then you need to list the child as the beneficiary. HOWEVER, you also need to list a custodian for the money should he still be under the age of 18. If you don’t name the custodian then it needs to go to court to determine who that person will be.

  • jlf 4:25 pm on August 31, 2010

    No. Only the beneficiary named by you gets the insurance money. You should, however, have a will.

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