In 1987 I opened a policy on ex. He never paid for the policy, I tried to cash it in when the kids were 18. I was told there was no cash value. So I kept paying on it, because I spent so much on it all ready. He never paid a dime on it. It's my policy and I'm beneficiary. He had many bills outstanding. Am I reponsible to pay them. Can they use my policy to pay .
2007-08-30 12:35:24 · 4 answers · asked by Anonymous in Family & Relationships ➔ Marriage & Divorce
girl....that was the smartest thing you ever did. go have some fun!!! the money is your to keep. it's your. creditors cannot come after you...only a current wife
2007-08-30 14:22:43 · answer #1 · answered by Isabella S 4 · 1⤊ 0⤋
Honey that money is YOURS --- go get something nice for yourself.
You paid the premiums and you (I assume) are the beneficiary of the policy, therefore it belongs to you.
If he was re-married, his current wife is responsible for his debts or his children, you as the ex-wife would not be responsible for his debts.
2007-08-30 19:46:24 · answer #2 · answered by question asker 4 · 0⤊ 0⤋
the bills go to his estate
you should not be responsible for his bills
2007-08-30 20:00:45 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Ask a lawyer.
findlaw.org
2007-08-30 19:46:14 · answer #4 · answered by Mathsorcerer 7 · 0⤊ 0⤋