Abbott v. Willey

The primary issue that we consider in this appeal is whether Code § 64.1-193 permits a person to disclaim an interest in the proceeds of a life insurance policy to the detriment of her creditors.

Anthony V. Lanasa and Josephine A. Abbott filed their bill of complaint against Kathleen E. Willey, J. Patrick Willey, and Shannon J. Willey. The plaintiffs alleged the following. Patrick Willey and Shannon Willey are the children of Kathleen Willey and her deceased husband, Edward E. Willey, Jr. Plaintiffs recovered a judgment in the sum of $274,495.22 plus interest and costs against Kathleen Willey…