Culbertson v. Continental Assurance Co.

MAUGHAN, Chief Justice:

Plaintiff, the widow of Joyee K. Culbertson, acting as executrix of his estate, initiated this action to have the proceeds of a profit-sharing plan and certain insurance policies awarded to decedent's estate rather than to the designated beneficiary, the defendant, Beth Rowley Culbertson Conrad. Defendants, Continental Assurance Company and Chicago Bridge And Iron Company Profit-Sharing Plan Trust were dismissed from the action after the funds they held were given to the attorneys of the parties to be deposited jointly in a bank account, pending resolution of this…