Life Insurance as Security for Support Obligations

  • March 30, 2019
  • Michael J. Marra, Whaley Estate Litigation Partners

I practised family law for many years. Now in an estate litigation practice I have a primary focus on the property and support rights and obligations of spouses and former spouses on death and in particular dependant’s support claims.

As a family law practitioner, the treatment of spousal and child support obligations on death is always a concern. The standard practice is to include a clause requiring that the support payor designate the recipient as an irrevocable beneficiary of a life insurance policy in an agreed upon amount in the separation agreement or final court order.  In addition, a clause confirming that the support obligation binds the estate of the support payor and is a first charge on the estate is recommended.