How is life insurance handled in divorce?
The most equitable thing to do is to list the life insurance policy, including its cash value, among the marital assets to be divided. In a common divorce situation where assets are divided evenly, this means you leave the marriage with half the cash value from the policy.
Can my ex wife claim my life insurance?
Yes and no. A divorce decree can override a beneficiary designation in a life insurance policy only in cases where the divorce decree (usually a state court order) is not preempted by laws controlling the life insurance policy itself.
Can you get survivor benefits if you are divorced?
Key Takeaways. Depending on eligibility, a divorced spouse may indeed be able to collect Social Security benefits through an ex if they were married for at least 10 years. If requirements are met, and if divorced and not remarried, a former spouse can claim 50% of an ex’s benefits, or 100% if/when the ex passes away.