Disputing a life insurance payout when there was clearly a named beneficiary is easy with a life insurance beneficiary dispute lawyer. However, that doesn't mean family members or others won't try to claim money that isn't rightfully theirs. We can handle your life insurance beneficiary dispute and well as any interpleader lawsuit.
More Than One Beneficiary
If there was more than one beneficiary named in a life insurance policy, the payout should be split according to the insured's decision. For example, sometimes each beneficiary is given half of the payout. In other circumstances, one beneficiary receives a certain percentage of the payout, and the other receives a different percentage. This could be ten percent and ninety percent, or literally any other combination that the insured designated. Our law firm can dispute any beneficiary and win. This year we won a $1,500,000.00 Prudential life insurance beneficiary dispute.
Common Reasons Disputes Occur
One of the most common reasons for disputes over life insurance beneficiaries occurs due to a lack of specificity. If the insured designated their beneficiaries as "their spouse and their children," this could end up being a problem. Are they each supposed to get an equal share? What if there are stepchildren? Are they entitled to a portion? This kind of general designation can lead to trouble, so it's a good idea to always be as clear as possible when designating a beneficiary. We can dispute any policy, for example, we just won a 1 million dollar Northwestern Mutual beneficiary dispute.
Forged Life Insurance Beneficiary Change
We had a recent life insurance beneficiary dispute with a life insurance company and got the ex-spouse the 3 million dollar Prudential life insurance policy.
Contesting A Life Insurance Beneficiary
Successfully contesting a life insurance beneficiary is easy with a law firm that handles life insurance beneficiary disputes. In order to make the attempt, an interpleader lawsuit must be filed, or the person disputing the beneficiary must retain a life insurance beneficiary dispute attorney. If the life insurance is contested, the insurance company will not pay out this money until there is a resolution. The named beneficiary and the person challenging the beneficiary will both be required to present evidence in court.