A wife was stunned to learn her husband designated their two-year-old child as the sole beneficiary of his life insurance policy, prompting legal and emotional questions.
A recent case highlighted the potential complications of naming a minor as the primary beneficiary of a life insurance policy. Learn about the legal hurdles and alternative strategies.
A federal judge has ruled that an ex-wife is entitled to a portion of her former husband’s life insurance benefits for their daughter, despite a later beneficiary designation.
