Agent Owner, Gilmore Insurance Services, Marysville, Washington State
Can you get a life insurance policy on your ex-husband? Yes, only two ways though. The first is he has to agree to be covered. Maybe establish a trust for the kids upon death if the ex is worried about setting up the ex too well.
The other way is through court order. A good lawyer will make this part of the divorce proceedings.
The time to secure coverage was during the financial negotiation of the divorce. If your ex is cooperative, which means obtaining his signature as the insured, you can secure coverage that way. Another way is setting up a trust for the benefit of his children with a third party trustee, who will disperse the death benefit proceeds to children via the dictates of the trust. Seek legal advice for the best approach to use with your ex.
.JPG){kind=avatar}
The other way is through court order. A good lawyer will make this part of the divorce proceedings.