Missouri Life Insurance Beneficiary Dispute Lawyer

Life Insurance Beneficiary Dispute Lawyer Missouri

Life Insurance Beneficiary Dispute Lawyer Missouri - A concept related to a medical lawsuit in the legalA Missouri beneficiary dispute lawyer can help you deal with the loss of a loved one, and the legal team at Legacy Law Center is here to walk you through your case. Get in touch with us today for a free consultation, and read on to learn more about what to do if you think you should dispute the beneficiaries of a life insurance policy.

Life insurance is important.

Life insurance is an essential safety net for you and your family. This is why when someone sets up a life insurance policy, they have to name their beneficiaries. Beneficiaries are the people who have been named to receive life insurance benefits. Put simply, when the policyholder dies, the beneficiaries receive the payout.

However, sometimes beneficiaries are disputed. This can happen for a number of reasons, and it can lead to a complicated legal battle. All the more reason to get in touch with a Missouri life insurance beneficiary dispute lawyer.

Why are beneficiaries disputed?

In most cases, the beneficiaries named in a life insurance policy are accepted. When the policyholder dies, family and friends accept that the named beneficiaries deserve their share of the insurance payout. However, there are some instances in which a beneficiary – or beneficiaries – are disputed.

Life insurance policies need to be regularly updated. Unfortunately, many people assume that they can be completely hands-off when if comes to their insurance, but if you experience and major life events, it’s important to update your policy accordingly. These events can include divorces, marriages (or remarriages), adoption of children, the list goes on.

A life insurance policy that hasn’t been updated in a long time may be subject to scrutiny. Does it make sense for a spouse to be listed in the policy if the policyholder divorced the spouse decades ago? Does it make sense to completely leave out children because they weren’t born at the time the policy was created? These are all reasons a policy may be disputed.

Of course, a life insurance policy that was updated too recently may raise some eyebrows, also. If a policyholder was suffering from mental or physical incapacitation, their judgment may be called into question when a policy is updated to include a complete stranger to the family. Additionally, if a policy is updated too suddenly and too unusually, it may raise questions about whether or not the policyholder was coerced before his or her death.

Legacy Law Center Can Help

An insurance company can’t change the beneficiaries of a life insurance policy. Instead, the case will have to go to mediation or court – and that means lawyering up if you hope to see a single cent. 

The right lawyer can provide dedicated case management for your beneficiary dispute, and can also walk you through the intricacies of your case. It’s difficult to dispute the beneficiaries of a life insurance policy by yourself, and it always pays to get legal advice you can trust.

Reach out to Legacy Law Center today, and see how a Missouri life insurance beneficiary dispute lawyer from our office can help.