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Home / News Stories / ERISA preempts wife?s claim to life insurance (access required)

ERISA preempts wife?s claim to life insurance (access required)

Although a property settlement required a husband to maintain $200,000 in life insurance for his ex-wife, she is not entitled to a constructive trust on life insurance proceeds provided by the husband's employer at his death, the 4th U.S. Circuit Court of Appeals has ruled in a Virginia case. This is because the life insurance proceeds ...

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