- 3 - FINDINGS OF FACT William G. Street (decedent) was married and resided all his married life in Texas. Decedent died September 30, 1990; his will was probated, and his estate has been administered in the State courts of Texas. Decedent was survived by his wife, Amma Elnora Street. Decedent and Mrs. Street each had children by prior marriages. In admitting decedent's will to probate, the appropriate Texas court, the County Court of Young County, Texas, appointed both decedent's surviving spouse and decedent's daughter, Anne Street Skipper, as independent coadministratrices of decedent's estate. During his lifetime and during the marriage, decedent purchased, as insured and sole owner, four policies of life insurance on his life, one with U.S. Life Insurance Co. in the face amount of $300,000, another with U.S. Life Insurance Co. in the face amount of $113,900, a policy with American General Life Insurance Co. in the face amount of $600,000, and a policy with Southwestern Life Insurance Co. in the face amount of $250,544. Pursuant to later designations by decedent, making his estate the beneficiary of said policies, the net proceeds of $1,347,882 (after adjusting for outstanding debt and additional insurance) were paid to decedent's estate. On June 3, 1991, after probate and during the course of administration, Mrs. Street filed a claim, amended on July 12,Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 Next
Last modified: May 25, 2011