Legal Question in Family Law in Michigan
life insurance beneficiaries
My husbands divorce degree from his 1st wife reads that his kids must be the befeficiaries to his life insurance. Where does this leave me can we have a second policy.
Asked on 1/31/07, 10:43 pm
2 Answers from Attorneys
William Stern
William Stern, P.C.
Re: life insurance beneficiaries
Normally, the purpose of the life insurance is to protect the children for their support in the event of the father's death. Therefore, as long as that is covered, you are totally free to purchase another policy naming yourself as beneficiary. William S. Stern
Answered on 2/01/07, 6:24 am
life insurance beneficiaries
The only way to determine what your husband can do is to read his Judgment of Divorce. I recommend that you have an experienced family law attorney check that judgment.
Answered on 2/01/07, 7:59 am