Recent content by Grant-RTG

I agree with Don. Since you already distributed the funds, it might be harder to prove your point. However, as it looks now, an error was made on their part.

Are they both owners of the policy?? Or is he the policy owner?

That is a little hard to say, it all depends on the specific policy and the insurance provider. I have seen the surrender value as high as 15% and as low as .2%. Average is probably around 3-5%. It won't hurt to contact them and ask.

You will have to check with your insurance company. Most policies will have a cash surrender value. It will be a small percentage compared to the value of the policy. Pros would be you would get some money out of it (not much) and cons would be you would surrender the policy. Life settlement...

If it paid off the house, just show the transaction to the bank or mortgage company that is foreclosing. I am confused, can you explain a little more. How long ago did the insurance pay off the house?

What is the name of your state? South Carolina I am looking at a property in South Carolina to option, I think I can find a buyer for more then the sellar wants to receive. Can someone point me in the right direction to a standard option contract? Or am I better getting one drawn up from a...

Yes, little information. But if you all agreed on $200.00 then that should be it. But to be safe, might need to go to the insurance company. However they might not put a claim if there isn't a police report.

Thanks Seniorjudge. I called him and he said if he is trying to get pre-trail diversion should he still retain legal counsel??

What is the name of your state? Florida My friend was arrested last week in Orlando FL for disorderly conduct. It is his first criminal arrest. He bonded out for $250 the next day before he saw the judge. His arraignment is set for January 10th. Here is the question. Should he retain legal...

I was familiar with LifeWise and might have another solution. However, I would need a little more information about your specific policy and the amount you are trying to receive. This post was a while back, so most likely this situation was resolved. Email me through my contact form, and I...

Woozie, Please email me at rtgconsultants@yahoo.com I have a couple questions about your policy, might be able to offer some assistance and advice.