A large number of couples going through divorce tend to focus mostly on child custody issues and division of assets. While these are incredibly important, the issue of their existing policies are also important and should be taken into consideration. Sometimes these policies are meant to serve as protection by way of investment, but the divorcing parties still need to take a look at them in light of their new financial states.

1. Will either party in the divorce be required to obtain and maintain life insurance for the benefit of the other?
    a. How much life insurance will be required?
    b. For how long will life insurance be required after the divorce?
    c. Who pays for the life insurance after the divorce?
    d. What proof is there that a life insurance policy exists?

2. Will either party be required to obtain and maintain life insurance for the benefit of their children after the divorce?
    a. How much life insurance will be required?
    b. For how long will life insurance be required after the divorce?
    c. Who pays for the life insurance after the divorce?
    d. Who will be named beneficiary of life insurance?
    e. What happens if there is no life insurance at the time of death?

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Schedule an Appointment with a Mediator Now

Helping families world wide for over 15 years settle property, divorce, dissolution, support and custody issues quickly and quietly through mediation.

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