Andrew K.
Sussex Inlet, NSW
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Can a child of 7 Years old buy a property using her deceased mothers life insurance/super payout?
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Hi Andrew,
The money from the deceased mothers estate will likely have to be held in trust until the child turns 18.
The executor of the estate may be able to purchase a house with the money for the benefit of the child - if that was deemed to be acting in the best interests of the child, you'd want to speak with an estate planning lawyer regarding this.
Regards
James