In most cases a decedent possesses at least one life insurance policy in death. Whether life insurance proceeds are subject to probate administration depends on whether a beneficiary is designated. If a life insurance policy directs who should receive the proceeds, the funds will pass outside of the probate process with no regard to the last will and testament of the decedent or the laws of intestacy.
If no beneficiary is listed, the life insurance proceeds will be paid to the estate of the decedent and be subject to the probate proceedings. The Probate Law Firm can assist you with filing claims for life insurance proceeds on behalf of the estate or the named beneficiary.