Saturday, May 5, 2012

IS A LIFE INSURANCE CLAIM CONSIDERED COMMUNITY PROPERTY?

QUESTION: I want to know if a life insurance claim is considered a community property, for purposes of a divorce?

MY RESPONSE: Likely not. A life insurance benefit on somebody else's life is the sole and separate property of the beneficiary of the policy.

This educational blog is brought to you by DONALD F. CONVISER, an effective and aggressive Los Angeles Family Law Attorney and Divorce Lawyer serving clients in the courts of Los Angeles and Ventura County for over 35 years,owner of Warner Center Law Offices, with offices in Woodland Hills and Century City. Call 888.632.4447 or 818.880.8990 for a free confidential consultation with a Certified Family Law Specialist to discuss your divorce or family law issues. | www.conviser.net | www.conviserfamilylaw.com |

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