Category Archives: Divorce

Revocation of Ex-wife’s Interest in Life Insurance Policy?

In a recent decision from the Chancery Division in Essex County, New Jersey, In the Matter of the Estate of Mittal Barua, Docket No. ESX-CP-0017-2011, the issue to be decided was whether an ex-wife’s interests in her decedent’s life insurance policy were revoked by the Judgment of Divorce pursuant to N.J.S.A. § 3B:3-14. By way of background, plaintiff was married to decedent. At the time, plaintiff’s son – from a previous relationship – was six years old. In January 2006, the decedent traveled to Bangladesh with the intention of staying for one month. However, he did not return and two years later, plaintiff filed for divorce. In February 2008, a Judgment of Divorce was entered. At the time of his disappearance, the decedent owned a term life insurance policy in the amount of $200,000.00. Plaintiff was named as primary beneficiary and plaintiff’s son was named as contingent beneficiary. Three years following the divorce, plaintiff filed an action for Declaration of Death

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