does married spouse in the state of texas instantly get 50% of life insurance
trying to find out if my husband will instantly recieve 50% of my life insurance if i die. i also want to find out how much of a percentage of my estate that i have to leave my adoped daughter.
3 Answers
If you WERE the purchaser of the life insurance, then it's YOU who would be naming the beneficiaries to the money when you die. In theory, he could be the purchaser, naming himself as the sole beneficiary in the event of your death. Call you agent, if possible, and inquire who the beneficiaries are (and what percentage each beneficiary gets). If you do not like the percentage breakdown, change the beneficiaries and their corresponding percentages. Don't wait until you die. By then it's too late!
| 14 years ago. Rating: 2 | |
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