Life Insurance and Distribution in Divorce
Key Points
When all or part of the life insurance policy is marital property, the owning spouse is generally awarded the life insurance policy, and the non-owning spouse is generally awarded cash or other property equal to his or her equitable share of the policy.
Resources & Tools
CHILDREN’S INSURANCE -- Divorcing parents must negotiate health and dental insurance for their minor children as part of their separation agreement. Sometimes the spouses negotiate a qualified medical support order, known as a QMCSO, which can be part of COBRA (Consolidated Omnibus Budget Reconciliation Act) coverage that also protects the former spouse.
|
Easily Connect With a Lawyer or Mediator
Have Divorce Professionals from Your Area Contact You!
Terms to Learn
![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() Over 1000 terms A-Z
|
Start Reaching Potential Clients Today. Divorce Source for Professionals
The information contained on this page is not to be considered legal advice. This website is not a substitute for a lawyer and a lawyer should always be consulted in regards to any legal matters. Divorce Source, Inc. is also not a referral service and does not endorse or recommend any third party individuals, companies, and/or services. Divorce Source, Inc. has made no judgment as to the qualifications, expertise or credentials of any participating professionals. By using this website you acknowledge and agree to our Terms & Conditions.
"a passion for a better divorce℠"
Established in 1996
Established in 1996
© 1996 - 2021 Divorce Source, Inc. All Rights Reserved.