Posted On: June 21, 2011
Changing Beneficiaries After a Divorce, DON'T FORGET!
As a Florida Family Law Attorney, I'm always amazed to receive calls from people months or years after getting a divorce who have forgotten to finish wrapping up the loose ends. A recent Supreme Court of Florida decision illustrates one of these problems. Crawford vs. Barker, a June 9, 2011 opinion deals with a fight between a new wife and ex-wife.
Getting a divorce doesn't mean any life insurance beneficiary designations are automatically revoked or changed! The opinion quotes several examples involving significant life insurance monies being at stake because the now deceased ex spouse forgot or failed to change the life insurance beneficiary designation.
Brian F. LaBovick, Esq.
Esther Uria LaBovick, Esq.
Mark R. Hanson, Esq.
Marcie Dodson, J.D.