Wednesday, June 11th, 2008...7:48 am
DAlaska: Designation of Life Insurance Beneficiary
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Judge John Sedwick has held that Alaska’s “revocation-upon-divorce” statute, AS 13.12.804(a)(1)(A), creates a rebuttable presumption of revocation. He also held that the insured’s post-divorce statement of intent not to change the designation of his ex-wife as beneficiary sufficed to rebut the presumption and survived a Statute of Frauds objection.
State Farm Life Ins. Co. v. Davis, 2008 WL 2326323 (D.Alaska June 3, 2008)
James Wilkens represented State Farm. Michael Cohn of Weidner & Associates represnted the ex-wife. Douglas Johnson represented a minor child.
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