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- W2257330202 abstract "... Life assurance policies are effected everyday, but few policyholders understand the legal implications of section 73 [of the Conveyancing and Law of Property Act]. ... The policyholder may not be aware that his or her named spouse cannot unilaterally be removed by him or her, even after divorcing the beneficiary spouse. Or he may think ... that by reserving the right to remove or replace beneficiaries as an option in the policy, he will retain control of the policy. Another erroneous view the policyholder may hold is that section 73 will not come into operation if his policy does not invoke the section. A policyholder may wish to adjust the provisions he has made under his will after receiving informed advice regarding the financial interests affected by section 73, or he may prefer not to name any beneficiary in his policy and choose instead to deal with all his personal property (which includes the policy interest) by will. Section 73 may operate to further or defeat the intentions of the policyholder." @default.
- W2257330202 created "2016-06-24" @default.
- W2257330202 creator A5004976098 @default.
- W2257330202 date "2004-10-21" @default.
- W2257330202 modified "2023-09-25" @default.
- W2257330202 title "Section 73 CLPA: Assurance for the Spouse and Children" @default.
- W2257330202 hasPublicationYear "2004" @default.
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