Advice from Sveen v. Melin on the Importance of Beneficiary Designations

In 1997, Ashley Sveen purchased a life insurance policy. Later that year, Ashley married Kaye Melin and named Melin as primary beneficiary on his life insurance policy. Sveen also named his two adult children as contingent beneficiaries.  Several years later, Minnesota amended its revocation on divorce. Sveen and Melin divorced in 2007, but Sveen never […]

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