Man Forgets To Update Insurance Beneficiary Form, Ex-Wife Gets The Money

 

 


In what should be a strong reminder to all of us to make sure we have designated the insurance beneficiaries we truly want designated, the U.S. Supreme Court has ruled that a Virginia man’s life insurance payout will go to his ex-wife, not his wife.

Warran Hillman had made his first wife the beneficiary while they were married, They were divorced, and Hillman never changed that designation, despite later re-marrying.   After Hillman’s death, it was discovered his first wife was still listed as the beneficiary.  Hillman’s second wife sued, and the case progressed to the Supreme Court, which ruled that, despite the change in marital circumstances, a person’s named beneficiaries are entitled to receive the payout.