- 3 - business, and Ms. Marten worked in the home. They had four children. When Niklas, their youngest child, was 4� years old, he nearly drowned and, as a result, became a quadriplegic. Until the end of his life, Niklas required 24-hour care, and Ms. Marten was his full-time care provider. On or about January 16, 1979, Mr. Lane and Ms. Marten legally separated. At all times thereafter, they were no longer members of the same household. On September 1, 1982, and after 3 years of separation from Ms. Marten, Mr. Lane purchased a $750,000 life insurance policy from Federal Kemper Life Assurance Co. ($750,000 policy) on his own life. He named Ms. Marten the owner and beneficiary of the policy. The policy provided that the contingent beneficiary was "In trust for the care of Niklas D. Lane, son, pursuant to testamentary trust to be established in my will." Contemporaneously, a $250,000 life insurance policy ($250,000 policy) was purchased on Ms. Marten's life. This policy named Mr. Lane primary beneficiary, and the contingent beneficiary was "In trust for Niklas D. Lane, son, pursuant to testamentary trust to be established in my will." The purpose of the $250,000 policy was to help care for Niklas if Ms. Marten predeceased Niklas or Mr. Lane. On or about April 20, 1983, Mr. Lane filed for divorce. On March 20, 1984, the Sacramento County Superior Court (thePage: Previous 1 2 3 4 5 6 7 8 Next
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