Legal Question in Family Law in Colorado

I am currently in the process of getting a divorce - we have filed the initial paperwork and are working on the financial statement that must be turned in at our first status conference next week. My soon to be ex thinks we need to continue to carry life insurance coverage through our employers on ourselves. I do not have a problem with that, but he wants me to name him as the beneficiary and I am not comfortable with that. Is it possible to just name my children as the beneficiaries, then in a will I can name someone else in my family as the trustee of that money until the children are 18 so that he does not have direct access to the money?


Asked on 9/28/11, 2:37 pm

1 Answer from Attorneys
Gary C. Johnson Attorney Gary C. Johnson

Yes. You can name your children, form a trust and name a trustee. I am always leery of insurance for the benefit of a former spouse.

DISCLAIMER This answer is for informational purposes only and discusses general legal principles, trends, and considerations and is not intended as specific legal advice regarding your question. This answer does not establish an attorney client relationship. http://www.garycjohnsonlaw.com 720-323-3776

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Answered on 10/04/11, 2:53 pm


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