Life Insurance

[anyone]

Life Insurance
What to do if i am asked to waive proceeds from my deceased fathers life insurance?

 

[army judge]

Life Insurance
What to do if i am asked to waive proceeds from my deceased fathers life insurance?

Why would you even consider waiving the proceeds of a life policy?
If you're asked, you politely decline.
You don't have to keep the funds, you can gift the proceeds to another person, a charity, or divide it as you wish upon receipt.
If there are other complcations, consult an attorney before you sign anything.

 

[Betty3]

If you are the/a beneficiary, why would you want to waive the proceeds? Who is asking you to waive the proceeds & why? Once you receive the proceeds, you can do with them as you wish.