Last Wills and Testament
It should be noticed that a new recipient designation will not cancel one
insurance policy designation made before, except if
the will mentions specifically
the insurance policy (even in this case, the
irrevocable beneficiary recipient keeps
all its rights).
Jurisprudence
bring back the case of a man who
indicated on testament his new wife sole legatee of his succession.
But he had not modified life insurance policy designation in favor of his new wife.
The preceding life insurance policy beneficiary, in this case his ex-wife, claimed against the last wills and testament.
The court has
decided that assured capital
will return
to the preceding wife.
Divorce and Life Insurance
In the event of divorce if you receive an alimony make sure that
the payments are assured.
There are two ways of proceeding:
You can specify in
the due form agreement that your ex-spouse must
take a life insurance on its head and designate you as beneficiary recipient.
To ensure that the recipient
designation will not change without your
assent, require that your
ex-spouse names you irrevocable beneficiary.
You can take a life insurance on the head of your ex-conjoint.
You name yourself as the beneficiary and pay the premiums.
Nobody can then organizing the cancellation of the policy and you control completely
the situation.
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