Mississippi Divorce Start Your Divorce Find Professionals Mississippi Articles Divorce Facts Divorce Grounds Residency Divorce Laws Mediation/Counseling Divorce Process Legal Separation Annulments Property Division Alimony Child Custody Child Support Divorce Forms Process Service Grandparent Rights Forum Mississippi Products Divorce by County
Life Insurance and Divorce in Mississippi
Sometimes it is a good idea to get life insurance after a divorce or in contemplation of a divorce if you do not already have it. Life insurance can be used to secure the payment of a financial obligation imposed upon your former spouse, or it may be used to insure that your children are provided for in the event of your death. If you are contemplating divorce, you may want to review your existing life insurance policies and update the beneficiaries. You should also be aware that the cash value of life insurance is an asset that is subject to being divided if it falls into the category of marital property or if it has lost its individual characteristics due to commingling. If you do not have a life insurance agent, please let me know and I will get you set up with someone.
The Mississippi court determines child custody based on the best interests of the child. The court can award sole or joint custody, and if the child is 12 years old or older, the court considers the wishes of the child.
Easily Connect With a Lawyer or Mediator
Have Divorce Professionals from Your Area Contact You!
Established in 1996
© 1996 - 2021 MH Sub I, LLC dba Divorce Source. All Rights Reserved.