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The downline would be then under your director.gilliandanielle said:Your dowline will be transferred to another director, and any outstanding money owed to you will go to your estate, or account if you have direct deposit.
Team bonuses can be inherited by the recruiter's family if the company has a policy in place for such situations. It is important to check with the company's HR department or consult with a legal professional to understand the specific terms and conditions.
Inheriting team bonuses may require certain paperwork, such as a will or a beneficiary form, to be completed by the recruiter before their passing. Again, it is important to check with the company for their specific requirements.
This depends on the company's policy. Some companies may continue to pay out team bonuses to the recruiter's family, while others may stop the payments. It is best to clarify this with the company beforehand.
As mentioned before, the recruiter may need to fill out a beneficiary form to specify who will inherit their team bonuses. If such a form is not available, the team bonuses may be distributed according to the laws of inheritance in the recruiter's country or state.
Inheriting team bonuses may have tax implications, depending on the amount of the bonuses and the country or state laws. It is recommended to consult with a tax professional to understand any potential tax obligations.