My brother died without a will and did not own property. He did have life insurance, however with my parents listed as beneficiaries. Could his landlord demand payment from my parents once they receive the life insurance payout?
2007-02-24 13:41:11 · 5 answers · asked by Cooldad007 1 in Business & Finance ➔ Renting & Real Estate
I'm sorry for your loss...my condolence!
He was only leasing (renting)...so, I don't think so! But even so, that landlord would have to be a real jack@&! to collect! I would suggest obtaining a copy of the rental lease agreement...if there's nothing on the contract about it, then there's not much he can do to your family...after all, that's what contracts are for!
But I would wait from him first... I would certainly not bring or even contact the landlord by any means! Let them find you or your family! At this time, you or your family have NO obligation to him/her! The agreement were between your brother and the landlord...unless of course youre parents signed on as co-signers?
ps. The life insurance really has no relevance as to whether or not he can demand for payment...
2007-02-24 13:53:51 · answer #1 · answered by ALEGNA 3 · 0⤊ 0⤋
How would the landlord know that your parents were beneficiaries of a life insurance policy? How would the landlord even know about a life insurance policy at all?
In any case, I believe that while the estate is responsible for the payment of outstanding debts, life insurance benefits are not considered part of the estate.
Do a quick check on "probate" and "intestate" under your state laws for more information.
2007-02-24 13:53:29 · answer #2 · answered by Piggiepants 7 · 0⤊ 0⤋
Without a will, it's in the hands of the state. If the landlord wants to collect, he probably has a case, if there's money to be had. He may or may not attempt to collect, but I would expect he has rights to. Presumably he has possession of your brother's belongings in that unit he could use as leverage too? Depends on how sympathetic or greedy or just simply in need he is. Too many landlords can't afford to have payments missed, at least the individuals.
2007-02-24 13:53:17 · answer #3 · answered by Yanswersmonitorsarenazis 5 · 0⤊ 0⤋
Legally, i do no longer think of the owner has any spectacular to be charging the deceased renter's sources for rents previous his flow out date. while homebuying, many states do require sellers to exhibit any murders that happened interior the residing house, yet no longer organic deaths. For leases, a landlord maximum quite would not be required to exhibit of any organic deaths that happened interior the unit.
2016-11-25 21:39:14 · answer #4 · answered by ? 4 · 0⤊ 0⤋
There should be a lease--read it. Did it go to probate?
2007-02-24 13:47:19 · answer #5 · answered by j.wisdom 6 · 0⤊ 0⤋