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Home / Opinion Digests / Family Law / Ex-wife had superior claim to insurance proceeds (access required)

Ex-wife had superior claim to insurance proceeds (access required)

Where the parties’ amended property settlement agreement required husband to maintain wife as a 50% beneficiary of a life insurance policy, wife’s claim to the insurance proceeds is governed by equity principles rather than substantive law. Wife’s equitable claim is superior to the claims of beneficiaries husband named to the policy, after he excluded wife, shortly ...