- 21 - Separation was being drafted, Kathleen was not contemplating remarriage. See supra note 4. In the next draft this "After the divorce" sentence was revised to read: After the divorce, Mrs. Lineweaver shall, until she remarries, remain the beneficiary of life insurance policies providing regular coverage (as opposed to double indemnity) in an amount of up to $100,000.00, with the beneficiaries of the remaining life insurance policies being the children. [Emphasis added.] Kathleen objected to the "up to $100,000.00" language, and decedent still wanted to be able to name a beneficiary other than the children for some of the insurance up to $100,000. In the final version both spouses seem to have gotten what they wanted. 9(...continued) which shall be delivered to 'blank'." And he put his brother's name there. Q And that was carried into the final form? A I assume it was. Q I will again show you the agreement which we marked this morning in the final form and ask you if that was not, in fact, included in the final document. A Yes. Q All right. A It says, "After the divorce, the beneficiaries of said policies will be changed to the children, provided, however, that Mr. Lineweaver has the right to designate someone other than the children as beneficiaries." I wanted part of that to go to me - a hundred thousand - if I had not remarried. Q All right. Now that was also, in fact, carried into the final document, was it not? A Yes. Q So the final showed that if you had not remarried, a hundred thousand dollars worth of life insurance would be made payable to you as beneficiary? A Right. [Emphasis added.]Page: Previous 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Next
Last modified: May 25, 2011