Is Life Insurance Exempt From Creditors In Mississippi?

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    Peggy Mace
    Most of the U.S.
    Generally, the death benefit of life insurance in Mississippi is exempt from creditors as long as it it not left to the estate. If the beneficiary is the estate, or if there are no living beneficiaries on the policy (causing the death benefit to go to the estate), the life insurance proceeds will go through probate and creditors will not be exempt from going after those funds. Contact a lawyer about possible exceptions.
    Answered on September 3, 2013
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