Legal Question in Wills and Trusts in Georgia
Life Insurance Disbursement
If a Life Insurance Policy states a certain time frame for disbursement, say to a minor, can this disbursement date be challenged and overturned in a court of law, before or even after the time of death of policy holder
Asked on 3/29/07, 8:27 am
1 Answer from Attorneys
Charles W. Field
Charles W. Field, Attorney at Law
Re: Life Insurance Disbursement
A life insurance policy is a contract between the owner of the policy and the insurance company. I doubt very seriously that you could successfully challenge the policy unless you could show, e.g., tht the owner was not in full charge of his/her mental faculties when he/she took out the policy. You should have the policy and the surrounding facts reviewed by a local attorney.
Answered on 3/29/07, 9:40 am
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