Survival.

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Presentation transcript:

Survival

Glover v. Davis – p. 45 Who gets life insurance proceeds? If Daughter survived, all to her heirs. If Father survived, all to contingent beneficiaries named in policy.

EC § 121.052 120 hour survival requirement

Where does property go? As if person who did not survive long enough died first. A “constructive death.”

Policies Prevent multiple administrations of property. Avoid proof problems and gruesome evidence. Carry out intent.

Spouses and Survival If they die within 120 hours, each spouse’s one-half of community and separate passes as individual property. Each spouse treated as dying without a surviving spouse.

Common Disaster Typical but not required.

The Tylenol Case

“Evil” use of survival statute? Problem 5, page 48