Life insurance policy at risk with a bankrupted estate?
My father passed away recently and name myself as the sole beneficiary to his life insurance policy. His estate is not worth anything when combined with his debt therefore we will be bankrupting it or letting the leinholder issue foreclosure and setting up the estate to bankrupt it. My question is can they come after me since I am the only one with any $? I've heard no from several sources but also heard that maybe they could.
Anyone know for sure?