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What happens to a life insurance plan after a divorce? | Mint Primer

A couple gets married with the hope of a joyful future together and the dream of living ‘happily ever after.’ At times, though, for one reason or another, things do not work out in a relationship and a married couple decides that it is in their best interest to opt for a divorce. It is never an easy decision, and divorce is often a messy situation. Amidst the many tasks that come with a divorce, life insurance is often overlooked. However, this could lead to messy and uncomfortable situations in the future at the time of one partner’s demise or upon the maturity of the policy. Hence, it is important that both partners look into their life insurance policies. Let us look at what decisions should be made during the divorce process in this video. #lifeinsurance #divorce #finance #mint Subscribe Now For Latest Updates- https://tinyurl.com/lbw8nze

4 Dec 2022
News

Asia’s most expensive divorce leads to the creation of a new billionaire

Du Weimin’s net worth has now dropped to about $3.1 billion from $6.5 billion before the splitHe transferred 161.3 million shares of the vaccine maker to his ex-wife, Yuan Liping

2 min read2 Jun 2020
News

The $38 billion divorce: Jeff and MacKenzie Bezos are about to officially split

A $38 billion stake in Amazon.com Inc will pass to MacKenzie Bezos as part of her separation from company founder Jeff BezosJeff Bezos remains the world’s richest person, with a 12% Amazon stake worth $112 billion, according to the Bloomberg Billionaires Index

2 min read29 Jun 2019
Money

Divorce and money rights

Maintenance and alimony are subjects of great debate after a divorceHere are a few basic details about permanent alimony, interim alimony and child support

3 min read27 Apr 2019
Videos

Amazon’s Jeff Bezos, wife MacKenzie finalise divorce

Amazon founder and CEO Jeff Bezos and wife MacKenzie finalised their divorce this week. MacKenzie Bezos said she would give all of her stake in The Washington Post and the space exploration firm Blue Origin to her husband. Jeff will have a 12% stake in Amazon while MacKenzie will have a 4% stake. Jeff will also have the voting control of MacKenzie’s remaining Amazon stock. Jeff Bezos, 55, and MacKenzie, 48, a novelist, married in 1993 and have four children. Jeff Bezos founded Amazon in their Seattle garage in 1994 and turned it into a colossus that dominates online retail.

5 Apr 2019
Companies

MacKenzie Bezos to be fourth-richest woman after her divorce from Jeff Bezos

She’ll receive a 4% Amazon stake, currently worth about $36 billion, as part of the settlementJeff Bezos will continue to exercise sole voting authority over the shares, according to the filing

1 min read5 Apr 2019
Companies

Jeff Bezos divorce may be ‘as quick as an Amazon delivery’

Divorce lawyers say when very large amounts of money are involved, there’s simply more gauze for the wounds

2 min read14 Jan 2019
Companies

Investors question Amazon’s future after Bezos divorce

The split throws into question how the couple will split their fortune, which includes an approximately 16% ownership stake in Amazon’s roughly $811.4 billion market capitalization

2 min read12 Jan 2019
Companies

The Bezos divorce: $136 billion & Amazon in the middle

She was by Jeff Bezos’ side for the entire Amazon adventure, from the company’s humble beginnings in his Seattle garage in 1994 to its mammoth success today.

3 min read12 Jan 2019
Companies

Could the Bezos divorce be the most expensive ever?

If Jeff Bezos’s fortune is split equally, then his wife Mackenzie Bezos may get $69 billion, making her the richest woman in the world

1 min read11 Jan 2019
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