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If I Make My Son The Beneficiary On My Life Insurance, Can My Husband Also Access The Money If He Survives Me?

Posted October 30, 2009 – 10:28 pm in: structured settlements FAQ

I am concerned about the possibility that, if I name my husband as the beneficiary, his ex-wife will be able to access MY life insurance money because of a quirky law we have that says he must claim any “significant non-income-producing assests” when they figure his child support obligation. $400,000 in cash sitting in the [...]

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