Tag Archives: life insurance

Life Insurance as a Means of Securing Child Support Payments

Upon divorce or separation, each parent is still required to financially support their children. The non-custodial spouse will be tasked with making child support payments to the parent with primary custody of the children. However, if the person paying child support passes away before they fulfill their child support obligations, the recipient parent may wonder… Read More »

Updating Your Insurance Policies After a Divorce

One of the first steps you will want to take after you receive your divorce decree is to go over your insurance policies and make any necessary updates. The following are some tips for how you should handle specific insurance policies you may have: Car insurance You can continue to use a joint auto insurance… Read More »

How to Deal with Life Insurance During Divorce

Life insurance is one of the financial assets you must disclose during your divorce as part of the equitable distribution process. But the court can treat your policy any number of ways, depending on your family’s overall circumstances: A piece of property — A whole life policy has cash value. The court may assess the… Read More »