QUESTION

Do I have to split life ins money if I was the beneficiary?

Asked on Feb 01st, 2013 on Insurance - Texas
More details to this question:
My dad recently passed away. He suffered from a stroke in March 2011 and was placed in a nursing home. He made me 100% beneficiary of his policy after my mother passes away in 2006. I was served with a temporary restraint order today that states I am not to do anything with the check yet. I have 2 brothers that have told nothing but lies in the order. Please advise
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1 ANSWER

I am sorry to hear about this.  If you are the only beneficiary policy was entered into while your dad was of sound mind and not under any duress, then you are likely the sole person entitled to the funds.  However, since it is being challenged by your brothers and you have been served with a restraining order advising you to not take any action with the funds, I must recommend that you obey the order until this matter is resolved.  Depending on the details of this matter, you may want to seek legal assistance.  Best of luck! NOTE: This response is general in nature and should not be considered legal advice.  No attorney-client relationship exists or is formed by this response. 
Answered on Feb 04th, 2013 at 10:27 AM

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