Commissions for Spouse After Agent's Death

dan21

Expert
40
I'm sole propritor, I believe my renewals will go to my wife after I die. Does anyone know about this?
Any Comments Appreciated.
 
I'm sole propritor, I believe my renewals will go to my wife after I die. Does anyone know about this?
Any Comments Appreciated.

Part of the answer is as Vol said look at your contract. Mostly if you are vested yes. However, how much will be there after other agents and or the IMO raid your book is a totally different issue.

I have several books that widows assigned to me after the death of their husbands. It became almost a full time job defending replacements. I am talking life books.
 
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