Do children of the deceased have rights to their parents life insurance?

I just turned 20, and my father died when I was 19. My mom got $54,000 and is waiting on another $50,000. She said that Florida law says me and my sister are entitled to $10,000 each, but has yet to give it to us. I know she was the beneficiary, but am I entitled to any of his money?

angelashley511, Life insurance covers lots of different things. Since I'm from Ohio I'm not familiar with the Florida regulations, so I recommend you call a nearby insurance agent. http://www.easylifeinsuranceguide.com/Fl... They will be able to help you.

If there is an estate or probate attorney involved in your father's estate, that would be the best place to direct this question.

I am not familiar with Flordia law, but in general if there was a law where you were entitled to a percentage of the estate after all probate is settled, it would not include the life insurance policy, only other assets and it would be after the creditors have been satisfied.

Unless it designated in a Will or Trust agreement, the beneficiary(ies) has sole discretion over the proceeds of a life insurance policy. You could try contacting the life insurance policy and requesting a copy; however, if you are not a beneficiary, they are not required to give you a copy.

You are a primary heir of your father just like your mother and so you are entitled to a share of the inheritance left behind by your father including his money and other assets. However, usually when it comes to insurance, it drprnds on who was designated by him as the beneficiary. If you and your sister were included as beneficiaries by your father then you are netitled to a share of the proceeds.

You are over the age of 18, which means if your father had named you as one of his beneficiaries, the insurance company would have to give the money directly to you.
Your mom probably feels she should share some of that money with you, therefore the $10,000. But, it sounds as if she wants to save that money for you, so that you don't go spend it in things you shouldn't!

The owner of the Life Insurance policy can pick more then one beneficiary with a certain percentage to each. I would suggest getting a copy of his policy and read it through. If you are entitled to a certain amount of money, the check wouldn't go to your mom (unless you are still a minor in which it would be payable to you but care of your mother), it would be sent to you for deposit.

If he named you as a beneficiary you are entitled to money. She may have decided to give you and your sister $10,000 each based on the money that she is receiving from the insurance.

Life insurance goes to the benificiery on the policy. If that is your mother, that is where all funds go. You are not entitled to anything.

I am not able to totally make sure my answer is fit for your situation.It could be useful anyway,it would better you check out yourself here.
http://insurance.online-assistant.info/i...

Beneficiary only.

Only if he named you as one. Get the paperwork and bring it to a lawyer, some do free consultations.