USA life insurance in property settlement

Joined
Apr 8, 2018
Messages
1
Reaction score
0
Country
United States
am divorced, and going through property settlement, When wife and I retired we took out a $200,000 life insurance policy in case I died before her,I am 11 years older than she, Since the policy was bought with community property money will my 2 children receive half of that 200,000 if I die before her, We live in state of La.
 

bklynboy

VIP Member
Joined
Oct 12, 2011
Messages
595
Reaction score
112
Country
United States
It will be paid to the beneficiary listed on the policy (which is likely her). If this is NOT what was intended as part of teh divorce settlement you need to change the beneficiary ASAP on the policy.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,663
Messages
27,632
Members
21,467
Latest member
howtobecomeabusinessanaly

Latest Threads

Top