How Can I Challenge a Change in Life Insurance Beneficiary After Divorce and Separation in North Carolina?

How Can I Challenge a Change in Life Insurance Beneficiary After Divorce and Separation in North Carolina? Detailed Answer After a divorce or legal separation, many policyholders assume their ex-spouse can no longer receive life insurance proceeds. North Carolina law provides clarity but also limits. Under N.C.G.S. § 58-10-5, a divorce generally revokes any designation…

How can a surviving spouse contest a letters of administration appointment in North Carolina when someone dies without a will?

Detailed Answer When someone dies without a will in North Carolina, the court issues letters of administration to appoint a personal representative. North Carolina law gives the surviving spouse the first right to serve in that role. If the clerk issues letters to someone else, the surviving spouse may contest that appointment. Here’s how the…

How do I collect and distribute life insurance proceeds when no beneficiary is named in North Carolina?

How do I collect and distribute life insurance proceeds when no beneficiary is named in North Carolina? Detailed Answer When a life insurance policyholder dies without naming or maintaining a living beneficiary, North Carolina law directs insurers to pay the death benefit into the insured’s estate. Under N.C. Gen. Stat. § 58-55-20(b)(1), the insurer treats…