Legal Question in Family Law in Tennessee
divorce decree ststes thst both parents will everything to the children
all insurance benefits due upon the death of either party all savings accounts,and funds and property of every kind owned by each party shall be willd entirly to child name uponthe death of each party herto.
am i obligated to keep the child as my beneficiary all my life or that obligation ends with the child's reaching majority .i nneed some iinterpretation on the legality of this matter.
thank you
1 Answer from Attorneys
Re: divorce decree ststes thst both parents will everything to the children
You need to look at the MDA or Final Decree. Normally, the insurance is only required until your obligation to pay child support ends. The reason for the insurance is to ensure there will be funds for your children in the event you die.