Davis v. Smith

WALLER, Presiding Justice, for the Court.

¶ 1. When Anthony'W. Smith died without a will, he had three life insurance policies in full force and effect. The aggregate value of the proceeds of these policies was $2,155,000. The beneficiaries were Raymond Smith, Anthony’s father, who received $2,000,000; Ruth Smith, Anthony’s ex-wife, who received $125,000; and Vickie Smith, Anthony’s wife at the time of his death, who received $30,000. Raymond filed a petition in the Chancery Court of DéSoto County seeking a declaratory judgment from the chancery court that: (a) the administrator of Anthony’s…