Additionally, health insurance plans participating in FEHB were required to comply with OPM's decision in disputes regarding whether or not an individual was entitled to a health benefit.51 To Provide for Access to All Duly Licensed Clinical Psychologists and Optometrists Without Prior Referral in the...
*Eligible Designated Beneficiaries are defined as surviving spouse, minor children of the account owner, disabled or chronically ill individuals, and beneficiaries not more than 10 years younger than the deceased. These beneficiaries can take distributions over the course of their lifetime (depending on...
When a person dies without leaving a valid will, there are no named beneficiaries. Rather, each state has intestate laws that specify the heirs who will inherit the property. State laws differ, so it is important to consult state-specific laws. Generally a surviving spouse and children are am...
Many times there are disputes between beneficiaries of life insurance policies. More common disputes in this area involve whether a beneficiary designation was made against California law. Additionally, often there are issues of whether the policy owner had the right to modify a beneficiary designation...
Inheritance by Ownership Certain property cannot be left as a bequest in the decedent’s will. This property passes to beneficiaries based on ownership. For example, if the decedent owned a life insurance policy, the beneficiary named in the will receive the proceeds upon receipt of a death cer...
This back-and-forth regarding the use of the pecuniary versus nonpecuniary distinction in the ERISA context is indicative of the larger ongoing debate regarding the general utility of these terms in assessing the legality of fiduciaries’ investment decisions. Should the courts...
the property and assets in the estate pass to close family members as listed in theKentucky intestate succession statute. It doesn't matter that the deceased had, during their lifetime, expressed different intentions for passing the property. Potential beneficiaries cannot contest the intestate distrib...
Regarding internal corporate approvals, in general terms, any actions or activities which fall within the scope of the corporate purpose of the company are subject to fewer formalities. However, in case of private limited liability companies (sociedades de responsabilidad limitada), the shareholders...
Trust and estate disputes and litigation, and contentious administrations representing fiduciaries, beneficiaries and families; elder abuse; power of attorney disputes; elder care and nursing home abuse; conservatorships; claims to real and personal property; and other related disputes and litigation. ...
Kroll Partner Chair, Insurance & Reinsurance Arent Fox LLP James M. Westerlind Associate Arent Fox LLP ARENT FOX LLP Elliott M. Kroll represents clients nationally and internationally in all major areas of the insurance industry spanning the life and non-life areas including property and casualt...