My father has an insurance policy on me but has named my younger sister as the beneficiary. If she wants to do it, can she legally give that money to me?
Your question is difficult to answer without clarification. What kind of insurance policy? But my first thought is that if your sister is the beneficiary and willing to give you the money, unless there is some other document that sets limits on what she can do with the money, I do not see why she cannot give you the money. But again, your facts are a little unclear.