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Life Insurance On the Payer.
If alimony or child support are expected to continue for many years, and
if they are going to constitute a significant part of the recipient's income,
then the recipient might want insurance in the event the payer dies.
In many states, the judge may order the
payer to maintain an insurance policy that pays off to the ex-spouse
in the event the payer dies.
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Disclaimer: We are not giving legal advice. No warranties. We disclaim all legal liability. More...
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