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Debra
Debra, Lawyer
Category: Canada Law
Satisfied Customers: 101416
Experience:  Lawyer
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My mother inlaw was named beneficiary in 1997 wifes work

Customer Question

My mother inlaw was named beneficiary in 1997 for my wifes work life insurance we were married in 1999 she is saying she will give the money to our kids. But my wife had told me before she passed away the money was for myself included
Submitted: 2 years ago.
Category: Canada Law
Expert:  Debra replied 2 years ago.

I am sorry for your loss and for this difficult situation.

Unfortunately the law is very clear and your mother-in-law is now entitled to the money and can do what she wants with it. If your spouse wanted you to have the money she had to change the beneficiary to you.

I am sorry this is not at all what you want to hear but I have to tell you the truth and provide an accurate answer of course.

Expert:  Debra replied 2 years ago.

I am sorry for your loss and for this difficult situation.

Unfortunately the law is very clear and your mother-in-law is now entitled to the money and can do what she wants with it. If your spouse wanted you to have the money she had to change the beneficiary to you.

I am sorry this is not at all what you want to hear but I have to tell you the truth and provide an accurate answer of course.