What do you WISH YOU HAD ASKED FOR in A DIVORCE SETTLEMENT?
In PS to the alimony, partially the assest, I want to ask for a vivacity insurance policy payable to me.
Any accepted wisdom on anything else?
Answers:
If you don't enjoy kids, it's not valid - in that's no insurable interest. If you HAVE kids, it's satisfactory, but MAKE SURE YOU ARE THE POLICY OWNER. That vehicle, YOU income the premiums, and YOU desire who the beneficiary is.
Whoever pays the premiums, get to settle on who get the money, and you can metamorphose your mind ANY TIME UNTIL THE DAY YOU DIE.
For what it's worth, the natural life insurance is written into my divorce settlement/child custody agreement, but my ex isn't insurable from an insurance company point of panorama, at a premium any of us could afford to clear. So it say it printed, but at hand isn't any existence insurance (on his part) in place. And MINE is set up to wage a trust, not our son directly, so the ex can't capture his hand on the money.
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Any accepted wisdom on anything else?
Answers:
If you don't enjoy kids, it's not valid - in that's no insurable interest. If you HAVE kids, it's satisfactory, but MAKE SURE YOU ARE THE POLICY OWNER. That vehicle, YOU income the premiums, and YOU desire who the beneficiary is.
Whoever pays the premiums, get to settle on who get the money, and you can metamorphose your mind ANY TIME UNTIL THE DAY YOU DIE.
For what it's worth, the natural life insurance is written into my divorce settlement/child custody agreement, but my ex isn't insurable from an insurance company point of panorama, at a premium any of us could afford to clear. So it say it printed, but at hand isn't any existence insurance (on his part) in place. And MINE is set up to wage a trust, not our son directly, so the ex can't capture his hand on the money.