Common Contracts
1 similar null contracts
Life Insurance and Creditors RightsJanuary 18th, 2019
Life insurance has a justly deserved reputation as a "protected asset" under State and Federal law. There are both common law and statutory protections which combined make it very difficult for a creditor to obtain rights in one's life insurance. In some instances, life insurance enjoys protection from creditors superior to certain qualified plan assets (IRA's 401-K's, etc.) or even tenancy-by-the-entirety property.
