Our 95-year old mom had a with ING that aged on 5-1-09. I, as POA, set it-up to become paid regular more than 5 years with myself listed as successor. I questioned how this could be managed in case of her demise and was informed the successor might possibly proceed the funds or have a lump sum payment for that stability. She died in September and that I plumped for a lump sum payment of the award. The check I had been delivered was nearly 11% (significantly more than $14,000) significantly less than that which was owed. I had been informed this was a "commuted" worth that ostensibly resembled a "surrender demand". This had by no means been described or told me before. I submitted a problem using the "Conformity Division" at ING and required overview of this choice. After 2 weeks the corporation delivered me a look for the rest of the 11%. I'd highly encourage anybody coping with ING or every other organization regarding an award payment to obtain all facts straightened out as well as in writing before entering to any contract.inG experimented with grab from me and might have taken from me had I not reported and that Iam certain happens to be taking from people while you read this. They're to not be respected.
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