Do they attach Life Insurance Proceeds to pay judgements?

by pemj6g » Mon Nov 17, 2008 12:30 pm
Posts: 1
Joined: 17 Nov 2008

My sister has a judgement filed against her. She is worried about being listed as a benficiary on my brother's life insurance because it might be attached. If I don't list her am I going to get in trouble for not doing so?

Total Comments: 19

Posted: Fri Nov 21, 2008 04:14 am Post Subject:

Good post Gary!

I personally do not know of a state that allows liens to be placed on life insurance proceeds. I'll bet there's a federal statute somewhere which specifically addresses that issue.

Posted: Fri Nov 26, 2010 02:32 pm Post Subject: child support judgements

Can you collect from a life insurance policy in the state of texas if its a childsupport judgement

Posted: Thu Aug 25, 2011 02:59 am Post Subject: child support

can you collect from a life ins policy in the state of arizona if its a child support judgement

Posted: Wed Mar 18, 2015 09:59 pm Post Subject: judgement

can beneficiary annuity payments be taken to satisfy a deficiency judgment in Florida. Annuity held in Rhode Island

Posted: Wed Mar 18, 2015 10:05 pm Post Subject: judgement

can beneficiary annuity payments be taken to satisfy a deficiency judgment in Florida. Annuity held in Rhode Island

Posted: Sun Mar 22, 2015 02:09 am Post Subject:

Not exactly. As long as the money is under the control of the insurance company, "Spendthrift Trust" laws protect the proceeds for the beneficiary. No creditor can interfere with the transfer of money from the insurance company to the beneficiary.

However, once in the hands of the beneficiary, the money becomes subject to the claims of creditors, and can be "attacked"".

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