My sister in law was murdered in jan 2004. No will was found. She never married and had no children. At the time of her death she lived with her mom(whom she was very close to) And an older brother in a house that my husband owned and my husband was providing the roof over their heads gas electric utilities and so forth. After her death we found a policy that named her yougest brother and my 7 year old son as beneficiaries. Her brother had been given VERY specific instructions about what to do with the money( as this was told to many people) he has not carried out any of his responsibilities including taking the burden off my husband to provide for her mom.NONE of this money has been distibuted to anyone but him! Amout was two hundred thousand dollars. They also cashed in my mother in laws life insurance policy which will never be replaced because she had breast cancer she was and is still living.
2006-12-13 05:41:09 · 4 answers · asked by roseysuzy1128 2 in Politics & Government ➔ Law & Ethics
You really need to speak with a probate attn'y. Try Illinois Legal Aid at http://www.illinoislegalaid.org/.
Good luck!
2006-12-13 05:45:05 · answer #1 · answered by ~ C ~ 2 · 0⤊ 1⤋
I am really confused. First of all, what is your question?
In Illinois, if someone dies without a will then all their money goes to the following people in this order:
(1) spouse
(2) children
(3) living parents
(4) living siblings
Since your sister-in-law had no spouse or children and one living parent, all her assets go to her living parent (mother) aside from whatever benefits are to be had in her life insurance policy.
The life insurance benefits are to be paid to the brother and your son as specified in the policy.
Her brother that received benefits under the policy was given instructions by whom? Unless these instructions were part of a will or trust, i don't know how they could be legally binding. I don't think you can place instructions or conditions on the money left to a beneficiary of a policy.
2006-12-13 06:26:37 · answer #2 · answered by orzoff 4 · 0⤊ 1⤋
in many cases, the father or mom will obtain the money with the duty of preserving it secure until reported minor reaches the age of 18. At that factor, all money are legally transferred to the unique heir to do with regardless of he/she desires.
2016-12-18 12:52:17 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Try Answers USA? This is UK and Ireland. x
2006-12-13 05:43:47 · answer #4 · answered by puffy 6 · 0⤊ 1⤋