Our life insurance interpleader lawyers work with policy beneficiaries who were named as parties to an interpleader action and claimants who wish to contest life insurance beneficiary designations.
Often, beneficiary disputes over who is entitled to life insurance proceeds give rise to the need for life insurers to file interpleader actions and deposit the full policy benefits into the court. If the insurer informed you that there is a potential competing claimant, most likely it will file an interpleader action.
If you were served with an interpleader complaint, you need to act fast and seek legal counsel. Call (888) 510-2212 for a free consultation with one of our interpleader attorneys.
Our Interpleader Areas of Expertise
At Kadetskaya Law Firm, we handle interpleader cases involving the following circumstances:
- The insured has been murdered and the primary beneficiary has not been ruled out as a person of interest;
- The insured’s surviving spouse and ex-spouse both claim entitlement to the proceeds;
- The insured had children from different marriages that ended in divorce and was obligated to maintain the same life insurance policy as child support in both divorce decrees;
- The insured was divorced but never changed the beneficiary designation and lived in a state where “automatic revocation upon divorce” laws control an ex-spouse’s rights to life insurance proceeds;
- The insured changed the beneficiary several days before death giving rise to suspicion of undue influence, duress, and fraud;
- The insured had no beneficiary designation on file;
- The insured indicated on the application that he is allocating 100% of policy proceeds to one beneficiary and 100% of the same proceeds to a different beneficiary;
- The insured and the beneficiary died simultaneously, giving rise to disputes among the two estates and contingent beneficiaries;
- The insured was murdered by the beneficiary who then committed suicide, giving rise to the battle of the two estates and contingent beneficiaries;
- The insured did not comply with the insurance company’s rules about changing the beneficiary;
- The insured expressed intent to change the beneficiary, completed proper forms, but died before submitting them to the insurer;
- The mentally incapacitated insured changed his policy beneficiary;
- The beneficiary change appears suspicious;
- The insured changed its beneficiary at the last minute.
Read how our lawyers have recovered $1.1 million for our client in an interpleader action based on beneficiary dispute.
If you think there may be a competing claim to your life insurance proceeds or if you suspect the change in beneficiary designation was obtained through fraud or undue influence, call us for a free consultation.
How Our Interpleader Lawyers Can Help
In general, if there is any uncertainty regarding the distribution of life insurance benefits, the insurer will prefer to have the court resolve the dispute. After the insurance company files an interpleader action, it will ask the court to deduct its legal fees from the life insurance proceeds. If you hire an experienced life insurance attorney before an interpleader is filed you can save time and money.
Our lawyers will research the legal issues of the case and present your case before the insurance company’s lawyers and the competing claimant. This will make your position stronger and may force the opposing side to settle the case without going to court. If the dispute goes through sometimes mandatory arbitration, we have the experience you need to protect your life insurance beneficiary rights.
At our law firm, we are skilled in:
- Negotiating settlements between competing claimants;
- Resolving interpleader actions that have already been filed;
- Ensuring the disputed life insurance benefit is not paid to the wrong party;
- Protecting our clients’ rights before and after an interpleader is filed.
Interpleader Attorney Fee
Our interpleader lawyers work on a contingent fee basis. It means that we do not charge legal fees unless we collect the life insurance proceeds for you. Only then will we charge a reasonable legal fee.
We take pride in offering competitive contingent fee structures and will work with you to ensure you are comfortable with the fee. If your claim has been denied or delayed, call our life insurance lawyers at (888) 510-2212 for a free, no-obligation case evaluation. We have the experience you can trust.