daveintexas
Junior Member
What is the name of your state (only U.S. law)? TX
I am going through a divorce and one of the assets is a life insurance policy where my wife is the policy owner and my mother-in-law is the insured.
My wife has been making quarterly payments on the policy and my mother-in-law has been directly reimbursing her for the payment.
Is it OK for the insured (mother-in-law) to directly reimburse policy owner (wife) for premium payments?
ThanksWhat is the name of your state (only U.S. law)?
I am going through a divorce and one of the assets is a life insurance policy where my wife is the policy owner and my mother-in-law is the insured.
My wife has been making quarterly payments on the policy and my mother-in-law has been directly reimbursing her for the payment.
Is it OK for the insured (mother-in-law) to directly reimburse policy owner (wife) for premium payments?
ThanksWhat is the name of your state (only U.S. law)?