Legal Question in Insurance Law in Florida
Have 300,000 life insurance policy. wife is beneficiary, she has over 200,000 student loans unpaid. can proceeds be attached i am retired and living in mexico, florida before
Asked on 1/05/10, 11:13 am
2 Answers from Attorneys
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
Not attached, but if you die and she receives the money then it will be availavble like the rest of her money to repay the loan.
Answered on 1/10/10, 4:53 pm
Lesly Longa
Longa Law P.A.
No, she doesn't get the policy money until your death.
Answered on 1/11/10, 9:25 am
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