Can Creditors Take Life Insurance After Death?

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    Peggy MacePRO
    Most of the U.S.
    If the person who passed away was the one with the debt, creditors generally cannot take the life insurance proceeds left as long as the beneficiary was a person. The money then belongs to that beneficiary, and as long as creditors do not have a claim against the beneficiary, they cannot take life insurance proceeds from them.
    Answered on July 12, 2013
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