Tag: Marital Property

Life Insurance Proceeds: Marital Asset?

July 17, 2009 | Blog, Divorce, Marital Property

Icon for author Brian Vertz Brian Vertz

Here is an interesting issue, not yet resolved by the Pennsylvania courts: whether the proceeds of a life insurance death benefit may be counted as a marital asset. Here’s the story: Let’s say that husband and wife are separated, and one of them dies. If the grounds for divorce existed prior to the death (i.e., both spouses filed their affidavits of consent, or they were separated two years prior to the death), the divorce […]

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