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	<title>New answer on: How Does Life Insurance Work In A Divorce?</title>

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		<title>By: Peggy Mace</title>

		<link>https://insurancelibrary.com/life-insurance/how-does-life-insurance-work-in-a-divorce</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Thu, 04 Dec 2014 15:00:33 +0000</pubDate>

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		<description><![CDATA[When a couple has existing life insurance, they need to work out on their own, or with their attorneys, or by court order, what to do with those policies. They may want to simply adjust owners and/or beneficiaries. Or they may choose to terminate the coverage and buy new. It is almost always a good idea to have separate policies for an ex-spouse and new spouse.]]></description>

		

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		<title>By: David Racich</title>

		<link>https://insurancelibrary.com/life-insurance/how-does-life-insurance-work-in-a-divorce</link>

		<dc:creator>David Racich</dc:creator>

		<pubDate>Wed, 29 May 2013 21:38:22 +0000</pubDate>

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		<description><![CDATA[Unless a change is made by the owner of the life insurance policy or court ordered coverage is imposed, nothing is affected. Generally, if the parties are amiable, cross ownership by the parties for the benefit of their children is the first approach. Remember, policy ownership controls the contract. Any change in ownership could trigger a taxable event with permanent cash values.
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