Reported 4 months ago
The article discusses a situation where a woman is concerned about her ex-husband potentially changing the beneficiary on his $250,000 life insurance policy, which she is currently named on. The woman expressed doubts about her ex-husband's reliability due to his past behavior of infidelity and financial irresponsibility. The article explains the importance of the divorce decree in determining the beneficiary of such policies, mentioning that some states have laws automatically removing an ex-spouse as a beneficiary after divorce. It advises seeking legal counsel to navigate potential disputes over life insurance beneficiaries.
Source: YAHOO