Children, Not Parents, Must be Named as Life Insuance Policy Beneficiaries

When including a provision in a settlement agreement or court order that one or both spouses must maintan life insurance policies to cover child support in the event of that parent's untimely death, it is the children, not the parents, who must be named as the beneficiaries.  It is irreversible error for a court to order otherwise (unless the parties agree).  See Zvida v. Zvida, 4D11-2891 (Fla. 4th DCA January 9, 2013), citing Layeni v. Layeni, 843 So. 2d 295 (Fla. 5th DCA 2003).

*This case law is courtesy of Michael Mattson, Esquire, Mediator, Jacksonville, Florida