Can life insurance be forced to go to pay debts if there are named be beneficiaries?
July 20, 2011 by
Filed under life insurance
My dad passed away in Nov. He had named beneficiaries on his life insurance at work. He has way more debt than assets, he will have a negative estate. Creditors are threatening that we should use the life insurance to pay the balances…are these just tactics they use? Should we be concerned that the money [...]
Separate Policy Life Insurance Quotes Multiple Beneficiaries?
May 6, 2010 by
Filed under life insurance quotes
I have been married twice before and have been ordered by the court to carry life insurance on myself with my three children as beneficiaries (for $100,000 each). Two of the children live in Florida with their mother, and the other lives with her mother here in Tennessee. Do I take out 2 [...]