Legal Question in Wills and Trusts in Kansas
voluntary investment palns and divorce
a male resident of Kansas participated in a voluntary investment plan. T he current spouse was named primary beneficiary. Subsequentlyu, they divorced and the plan was awarded to the male in the divorce decree. However, the ex-wife was not removed as beneficiary. The male dies and the ex-wife claims the plan proceeds. Are the proceeds part of his estate and does she have a cliam to them?
1 Answer from Attorneys
Re: voluntary investment palns and divorce
Dear Sir or Madam:
Usually divorce will cut off the benficiary interest in the policy of the ex-spouse. However, a precise opinion could only be made with more facts and a determination as to which law would apply.
Let me know some additonal facts and I can render a better opinion.
Patrick W. Carothers
Sherrard, German & kelly, PC
35th Floor Free Markets Center
Pittsburgh, PA 15222
(412) 355-0200 x6153