Legal Tip 19: Life Insurance and Creditors upon death

Discussion in 'Legal Issues' started by Terry_w, 7th Jul, 2015.

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  1. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Terry_w, 7th Jul, 2015
    #1
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  2. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    I had a friend who died and was bankrupt in death - his assets were less than his debts. His wife got the life insurance still and not the creditors.
     
    Terry_w, 16th Jan, 2020
    #2