Curious Me
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- Jul 19, 2009
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In California I was able to appoint my employer offered life insurance beneficiaries as different than the default spouse appointment by law. You sign who you want your beneficiaries to be, and the spouse has to sign that he acknowledges it and it is legal documentation upon your death. I wanted my life insurance proceeds to go to my two children 50-50, and new husband could get my share of our home. I realize now I was putting protection on myself that hubbie wouldn't have to kill me for insurance money.