In Minnesota, can you have a lover as life insurance beneficiary rather than minor children or ex-spouse?
468633
DEPENDS ON YOUR DIVORCE DECREE. MAKE SURE YOU READ IT THROUGHLY.
819343
Most life insurance applications do ask whether the applicant has been convicted of a felony within the past 7-10 years.  So it'll probably be difficult for your husband to obtain life insurance.  However, there is one option:  a number of insurers issue a type of policy know as a "modified benefit life" policy.  There are typically two or perhaps three questions on the application related to health (usually about HIV infection; hospitalization for any reason in the last 3 months; etc.).  Typically, the felony question isn't on this application.\n\nThere is a down side to this type of policy:  if your husband dies within the first two years, the only benefit payable is a return of premium (unless he dies from an accident).  The other negative factor is that these policies carry a built-in high rating, in anticipation that sick individuals will purchase this type of policy; so it's not going to be cheap.  Also, the face amount of these policies is not high; usually $10k or less.  \n\nI recommend you speak with an insurance broker (just look in your phone book for a name) and have him or her sit down with you so you can discuss your needs and limitations.  Hopefully, he or she will be able to recommend a plan of action.\n\nI hope this helps.
222927
I am not sure but a non working spouse get half of her spouses pension and all if her spouse dies. Social Security has web site and should be able to answer your questions
121799
yes! they are two diffrent contracts but it also depends which was signed last and if life insurancewasmentioned in the will. Of course a court can over turn the will and side with the life insurance policy. \n\nI would get a lawyer now!
133690
For small claims, yes.  The small claims court in your state will not have personal jurisdiction over that person.
420444
You can.  or your spouse can.  but only one of you can and you better talk about which one is going to because if you both do it you will both be audited.  Normally this has to be worked out by divorce lawyers and it takes forever.  Some say you can alternate years or one spouse can claim one child and the other spouse can claim another.
176410
Your spouse may be awarded part of your retirement in a divorce, but if they re-marry, they will lose it. VA benifits may not be awarded to a divorcee.
956694
I don't think its possible, but you should talk to someone at the Social Security Department.\n\nGood luck.\n\nI'm a Genworth Agent, we SELL long-term care insurance and life insurance.  I don't know what Michael R. is talking about.
932554
If your b/f's employer has been paying a portion of his ex-wife's insurance premiums, as most employers do, it's fraud, but NOT insurance fraud.  State insurance laws define insurance fraud as theft that is perpetrated by or against a person or entity regulated by that State's insurance commissioner.  Since your b/f's employer isn't subject to the regulatory authority of an insurance commissioner, this isn't insurance fraud.  Again, if his employer paid any portion of his ex-wife's premiums, it has every right to sue him privately.\n\nHOWEVER -- there may have been fraud committed against the insurance company that covered her; this IS considered insurance fraud, since the theft was committed against an entity regulated by a State insurance commissioner.  Most insurers will settle for the amount paid out in benefits, minus the premiums paid, plus interest and attorney's fees; some will insist that a criminal case be brought.  So your b/f should get an attorney as soon as possible.\n\nOne thought about the child support Order:  if the Order simply pertained to the payment of child support, it means nothing; but if your b/f provided a copy of the divorce decree reflecting the FINAL child support Order, then his employer was put on notice that a divorce had occurred.  In such a case, his employer cannot take any action against him, nor can the insurer take action against him or his ex, since the employer is legally obligated to inform the insurer of any changes in status, such as divorce.\n\nI hope this helps.
1099679
By law, anyone named as the beneficiary in the policy has the right to all life proceeds. If the mother been collecting the proceeds for the child, the mother must give it up. If mother refuse, the child must take this issue to court.
539337
Generally, there are no taxes due on life insurance. Unless there's an investment option attached to it and dividends are paid out, you will have to pay taxes on it.\n\nTo avoid gift tax, you can give a child or any minor up to $11,000/year.\n\nAnyway, who is Wyclife and why do you want to give your insurance to it/him/her? Life insurance policies are non-transferable. You can change or add new beneficiaries to your policy. You can name Wyclife as your beneficiary if Wyclife is related to you. If not, I would stop talking to Wyclife.
204648
Well god, always good to plan ahead i guesss.....NOT!! what a horrible person?! most people dont ever want to get the damn life insurance...mebe its inevitable from ur parents but from ur "signifacnt other" christ he must not be so Significant to you is he? jesus christ. " Honey does this mean ill have to split it ? Hell no! i better be the only beneficiary! i mean i aint offing you for half! i mean...errr" i mean christ what a horrible thing to ask...even on the internet...
946217
Great question!!  What type of benefits?  What type of policy?  Are you the spouse?  Are you covered under the policy?  \n\nSorry, this question is WAY too vague!!
889283
They are two different things, entirely.  The life insurance will cut a check to whoever the listed beneficiary is, at the time of your death.  The will cannot change the life insurance contract.  So you can't change a beneficiary of a policy, using your will.  \n\nYour will is for the distribution of your ASSETS.  A life insurance policy is NOT an asset.  The only way you can make your will distribute life insurance procedes, is if you make the beneficiary of your will, your estate.  Then the life insurance goes into your estate.  All the assets of your estate and your debts get added up, the assets pay off all your debts, and any assets or money left over after all your debts are paid, gets distributed as your will says. \n\nThe whole POINT of life insurance, is to leave money to someone, that can't be attached by your debts.   OK, that's not the only point, but it's the biggest one, IMO.
62413
i do taxes so i can answer this. if your husband said you could then you can. if he elected for you not to than you cant. you see. when you set up your pension you have a choice to either allow your spouse to draw all, half, or none of your pension when you die.
320708
If the person has a house, life insurance or assets the debts can be paid from them. If the person is married the debts may be transferred to the spouse (depending on what they are). If the person isn't married, has no money or assets they probably won't be paid but if the people and places owed money have their insurance they may be able to collect from them.
459234
Not necessarily.  In the state where I live (WI), you would have to prove that the other person prevented you from working during the marriage.