Planning For The ‘What-Ifs’

Judgment In Life Insurance Dispute (March 2010)

On Behalf of | Mar 1, 2010 | Firm News

(Phoenix – March 2010) – Attorney Andrew P. Gorman obtained a $300,000.00 judgment on behalf a client in a life insurance dispute. Litigated in the United States District Court for the District of Arizona, the dispute concerned competing beneficiary claims to the death benefit of a life insurance policy. Upon the Decedent’s passing, the client, who was a friend of the Decedent, contacted the insurance company to make a claim to the $300,000.00 death benefit. However, as is common without proper planning, the sister of the Decedent also contacted the insurance company and made a competing claim. Stuck with competing claims, the insurance company “interplead” the funds and left the decision up to the Courts as to who the proper beneficiary was. With the Court ruling that the client of Gorman Law Group, PLC was the proper beneficiary, the matter was finally put to rest and the death benefit was properly distributed.