Legal Question in Family Law in New York

I am the owner of a 2 life insurance policies on my wife. In a divorce, are the cash values of the policies considered assets for me even though my wife is the beneficiary?


Asked on 11/07/10, 10:06 am

1 Answer from Attorneys
Michael Markowitz Michael A. Markowitz, PC

No. Cash value of the each policy is marital property.

Mike.

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Answered on 11/12/10, 10:26 am


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