Ukrainian Law Blog
Freedom means the supremacy of human rights everywhere
Tuesday, March 20, 2018
Argument analysis: Legal questions, practical concerns at play in post-divorce life insurance case
When Mark Sveen died in 2011, his life insurance policy still named his ex-wife, Kaye Melin, as the beneficiary – even though the couple had divorced four years before. Nothing in the Minnesota couple’s divorce settlement (which divided up, among other things, the all-terrain-vehicle and the snowmobile) addressed the fate of Mark’s insurance policy, and there was no other evidence – other than a statement from Kaye herself – of what Mark wanted to do about the policy. Under a state law passed in 2002, which provides that a divorce automatically nullifies the designation of a former spouse as the beneficiary of a life-insurance policy, the proceeds from the policy would go to Mark’s adult children, Ashley and Antone.
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