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	<title>New answer on: What Happens To A Life Insurance Beneficiary&#8217;s Money If They Suddenly Die Soon After Receiving It?</title>

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		<title>By: Peggy Mace</title>

		<link>http://insurancelibrary.com/life-insurance/happens-life-insurance-beneficiarys-money-suddenly-die-soon-receiving</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Tue, 17 Apr 2018 14:11:36 +0000</pubDate>

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		<description><![CDATA[For anyone who finds themselves in the scenario where a life insurance beneficiary passes away shortly after receiving their portion of the death benefit of another person&#039;s policy, one basic fact will help you start to wade through what must feel like a daunting situation. Two deaths close together can be emotionally and financially devastating. But life insurance actually helps in so many ways.

The basic fact is, if life insurance is left to a named person or persons, that trumps everything else. When the insured person dies, the money will go to those beneficiaries who are still alive. Period. There is no looking back. 

While life insurance generally passes to the beneficiary tax free, once it is in the estate and the beneficiary passes, it will have to go through probate, if there is no will. As the other agents stated, if the proceeds were designated to be put into the living trust, that may still be possible. This article from LegalZoom may help. https://info.legalzoom.com/distribute-assets-living-trust-after-death-20613.html]]></description>

		

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		<title>By: Everett Debrow, Jr.</title>

		<link>http://insurancelibrary.com/life-insurance/happens-life-insurance-beneficiarys-money-suddenly-die-soon-receiving</link>

		<dc:creator>Everett Debrow, Jr.</dc:creator>

		<pubDate>Mon, 16 Oct 2017 20:03:01 +0000</pubDate>

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		<description><![CDATA[Hello! This is a sharp question!
Let&#039;s say the six beneficiaries are to receive a benefit of $600,000 in insurance proceeds, and each one gets $100,000.
In the case of the beneficiary who dies shortly thereafter, her $100,000 will be treated as she had requested before her death. The proceeds will go to her living trust only if she had requested that they be used in that manner; if not, her $100,000 goes to her estate. If it causes the estate value to exceed the exemption threshold, then it is taxed. As far as secondary beneficiaries go, they are a non-factor in this scenario, as all primaries took part in receiving the benefit.]]></description>

		

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		<title>By: Tim Wilhoit</title>

		<link>http://insurancelibrary.com/life-insurance/happens-life-insurance-beneficiarys-money-suddenly-die-soon-receiving</link>

		<dc:creator>Tim Wilhoit</dc:creator>

		<pubDate>Sun, 23 Jul 2017 15:54:42 +0000</pubDate>

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		<description><![CDATA[Based on your descriptions above, if the beneficiary died after the insured then the life insurance proceeds would pass to her regardless of the time period of death. The contingent beneficiary or second is not relevant in this case. If she is listed as the beneficiary, proceeds would pay to her estate and the attorney for the trust would have to move the funds into the trust. If her trust was listed as the beneficiary then those funds would be deposited to the trust without probate. Remember life insurance proceeds are tax free and paid outside of probate unless they are paid to the estate. Hopefully, the attorney from the trust addressed this issue prior to her death. My condolences for your loss.]]></description>

		

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		<title>By: Coby Higgins</title>

		<link>http://insurancelibrary.com/life-insurance/happens-life-insurance-beneficiarys-money-suddenly-die-soon-receiving</link>

		<dc:creator>Coby Higgins</dc:creator>

		<pubDate>Mon, 19 Jun 2017 22:28:57 +0000</pubDate>

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		<description><![CDATA[If the deceased beneficiary had their trust listed as a beneficiary, the life insurance proceeds could be paid to the trust.  If the deceased beneficiary was only listed by name and not their trust, then their estate via an executor would have to claim the life insurance proceeds and then that amount would become an estate asset to be distributed per their will instructions.]]></description>

		

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