Mediate Michigan

Going through divorce negotiations can be very tricky, even if your divorce is a friendly one. In addition to the division of property, determining custody for children and finding new living arrangements, you might also need to review any life insurance policies you have.

Sometimes the state you live in may determine how property – including insurance policies – is divided. Some states are equitable distribution states, where the value of cash from a whole life insurance policy would be equally divided.

via Getting divorced? Review your life insurance for potential changes – Douglas Budget: Family Living:.