McWhite v. Equitable Life Assurance Society of the United States

PRESIDING JUSTICE LINN

delivered the opinion of the court:

Plaintiff brought this action on behalf of her minor son to have the proceeds of certain group life insurance policies on the life of her son’s father, now deceased, paid to her for the benefit of the minor rather than to defendant, the father’s second wife. Pursuant to a motion made by defendant, the trial court ordered distribution of the insurance proceeds and the interest earned thereon in accordance with a settlement agreement between the parties, providing plaintiff with $170,000 of the proceeds in question, and allocating $50,000…