Cash Value of Life Insurance Policy Exempt From Garnishment – National Law Review

DC Mex Holdings LLC v Affordable Land LLC and Dale Fuller, __Mich. App.__ (July 25, 2017), Case no. 332439.

Michigan’s Court of Appeals recently issued an opinion interpreting a statutory provision exempting insurance proceeds from the reach of creditors in certain situations. This case may provide guidance related to estate planning and asset protection as well as dealing with collection efforts and creditor’s claims.

See full article at: Cash Value of Life Insurance Policy Exempt From Garnishment | The National Law Review

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.

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