Legal Question in Family Law in Georgia
Life Insurance/Inheritance
Is life insurance considered an inheritance (if you are a beneficiary) in the State of Georgia
Asked on 7/30/07, 7:52 pm
1 Answer from Attorneys
Charles W. Field
Charles W. Field, Attorney at Law
Re: Life Insurance/Inheritance
No. Life insurance proceeds are paid by the insurance company pursuant to a contract (i.e., the policy). They do not flow through the estate and, therefore, are not inheritance. Consult with a local attorney to review the policy.
Answered on 7/31/07, 1:34 pm