Does My Former Spouse Need to Maintain Their Life Insurance After Divorce?
- This is an issue that is raised in cases where there is going to be a stream of payments for equitable distribution, spousal maintenance, and child support
- It is quite common for the court to order the provision of Life Insurance, if those payments are going to be made
- Your Attorney will often negotiate that the Life Insurance Policy can reduce over time because the stream of payments would reduce over time
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This informational video was provided by Jean Mahserjian, an experienced New York Spousal Support Attorney.