Sometimes a life insurance policy may be the most valuable asset in an Illinois divorce.
A life insurance policy may be used to guarantee maintenance paid to a spouse as the result of a divorce. If a husband dies, his surviving, former spouse will receive his life insurance proceeds as payment of his maintenance obligation.
In Illinois, what can I do in my divorce if my soon-to-be ex-husband is ordered to pay me maintenance, but he refuses to make me beneficiary of a life insurance policy on his life to guarantee my maintenance?
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