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Home / Opinion Digests / Husband Gets Wife’s Life Insurance, Despite PSA (access required)

Husband Gets Wife’s Life Insurance, Despite PSA (access required)

Although a husband signed a separation agreement waiving any claim to benefits from wife, husband – and not wife’s mother or the estate – can keep life insurance proceeds from the wife’s ERISA-approved plan because she did not change the beneficiary designation before she died, says the 4th Circuit. The wife worked for Delta Airlines before ...