Go Back   The Insurance Forums > Insurance Discussion > Life Insurance

Reply
 
LinkBack Thread Tools Display Modes

  #1 (permalink)  
Old 08-22-2007, 04:19 AM
momoftwo momoftwo is offline
Junior Member
 
Join Date: Aug 2007
Posts: 2
Default Do you trust people who put life insurance on others just before a divorce?

I know a couple of people who got it right along with the divorce. Recommended by the attorney of course. How would you feel if your spouse did this? What would be an acceptable reason for doing such a thing?


Reply With Quote

  #2 (permalink)  
Old 08-22-2007, 04:21 AM
aaron p aaron p is offline
Member
 
Join Date: Jun 2007
Posts: 83
Default

If there are alimony payments or child support payments to be made, your attorney is being responsible by suggesting both life insurance and disability so that those payments can continue to be made. This is quite common with children in particular. Just because you're divorced doesn't mean you don't love your kids any less.

In case you're worried about some type of kick back to the lawyer, a practicing lawyer cannot be compensated for insurance.
Reply With Quote

  #3 (permalink)  
Old 08-22-2007, 04:24 AM
mbrcatz17 mbrcatz17 is offline
Senior Member
 
Join Date: Apr 2007
Posts: 628
Default

An acceptable reason for doing this, would be if you have children you need to provide support for, in case one of the parents dies. The custodial parent, in particular, will need it to replace child support payments ,and help put the kids through school.

It's actually a VERY common arrangement in the child custody part of divorce and separation agreements.
Reply With Quote

  #4 (permalink)  
Old 08-22-2007, 04:24 AM
wjhedger@sbcglobal.net wjhedger@sbcglobal.net is offline
Junior Member
 
Join Date: Aug 2007
Posts: 1
Default

I would be pretty freaked out if someone I was divorcing all the sudden wanted life insurance on me. why? you are going you seprate ways this to me is weard. I would be watching my freakin back
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads for: Do you trust people who put life insurance on others just before a divorce?
Thread Thread Starter Forum Replies Last Post
Do you trust people who put life insurance on others just before a divorce? momoftwo Life Insurance 4 08-21-2007 08:47 PM
How do I change my life insurance beneficary from my husband who wont divorce me... futuretlcnurse Life Insurance 10 08-12-2007 08:28 PM
Life Insurance ordered by Divorce Decree? mbtmybiztools4u2 Life Insurance 0 07-20-2007 02:14 AM
Can a divorce decree be modified to include life insurance? skar Life Insurance 0 06-20-2007 07:56 AM
why people resist buying life insurance? Manitu Life Insurance 2 04-29-2007 07:09 PM



All times are GMT. The time now is 08:12 AM.

Powered by vBulletin® Version 3.6.5
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.0.0 RC8 ©2007, Crawlability, Inc.