St. Louis Life Insurance Attorney

Do I have to maintain life insurance for my spouse after we divorce?

Clients commonly ask this question – some worry without remaining a beneficiary they may be left unprotected in the event of a premature death (perhaps the other spouse is paying maintenance and/or child support) and some resent having to pay for a policy that benefits to a former spouse.

The law offers no hard and fast rules on this issue.  Courts do have the power to insist, in cases where income or wealth disparity is significant, that the dependent party have protection from a premature death, at least to the amount intended by the divorce decree as far as maintenance and child support.  Courts consider the premium on such a policy a fair price to insure the financial security of the children and/or former spouse.  In cases where income and wealth are balanced, the need for insurance is not an imperative and courts may be less inclined to require the policy.

Courts do have the right to control the designation of the beneficiary of certain life insurance policies.   To be sure you have all the protections of the law, you should consult with a skilled and experienced family law attorney before making any decisions regarding termination of insurance policies.

Getting Help

As you can see from the issues to resolve, the process is not just a short set of simple, self-executing rules, but involves many complex and often difficult questions of proof. Only a skilled and experienced attorney can properly advise you as to your rights with regard to the continuation of life insurance policies, and protect those rights in a legal proceeding.

At The Marks Law Firm, L.L.C, we have over fifty years of combined experience handling family law matters. We help individuals understand their rights with regard to all issues, including property division. We have handled hundreds of trials before family court judges; if you choose The Marks Law Firm, L.L.C., you will have the benefit of a family law attorney unafraid to go to court, advocate on your behalf and fully present your case.

Time to Act

Time is of the essence.  As soon as you select The Marks Law Firm, L.L.C. to represent you, we will immediately put our considerable experience and resources to work on your case.  The sooner we can review the necessary information, the sooner we can formulate a strategy for your unique circumstances, helping to ensure the best possible outcome.

Contact The Marks Law Firm, L.L.C.

For an initial consultation with an experienced Creve Coeur family law attorneysend us an email or call us at 314-993-6300.

You need an experienced divorce attorney on your side.