Life Insurance

December 20th, 2011 by Questions

What happens to the proceeds of life insurance if the bankrupt person dies before the 9 months is up

Posted from: Alberta

Questions

One Response to “Life Insurance”


December 20, 2011 at 6:34 pm, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

This depends on who the life insurance belongs to and who the designated beneficiaries are. This is a discussion you are better to have directly with a local trustee as you will have to clarify a few details before it can be properly answered.

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