Cohen v. Cohen

The opinion of the court was delivered by

Perskie, J.

The question for decision is whether Sadie Cohen’s one-third share in the sum of $23,874.90, payable to her on July 7th, 1945, provided she is then living, is a right or credit presently subject to levy and sale under our Execution laws.

The facts are free from dispute. Sadie Cohen’s now deceased husband, Ben Cohen, had owned, during his lifetime, seven policies of insurance with the Metropolitan Life Insurance Company. Sadie Cohen was the beneficiary of each of these and the total sum payable thereunder was $25,000. Ben Cohen pursuant to…