Is it possible to take a life insurance policy out on a family member such as a

[renee k]

half-sister? The situation. I have a 36 year old sister with cancer who is not getting any better. She has a 13 year old son, who will be staying with my father and I if she is to pass. We all live together, and share the expenses, but she is horrible with her money. She makes good money and has recieved a partial already on her life insurance and she just blows it. I am worried that she has not left money for my nephew, that and she has many many bills that I know she is going to leave us with. I love her dearly, I don't know where I would be today without her. I am not meaning to sound greedy or anything like that, but I want the best for my nephew, and for our family if we do lose her.It will be hard enough on him as it is, but we would like to be able to leave her name in good standing, and be sure that my nephew will be able to do the things he would have been able to do if she were still with us down the road.Is it even possible for my father and I to take out a life insurance policy for her?