Bill has a 500000 life insurance policy naming his minor children as beneficiaries In a fit of anger Bill kills Marcy his business partner and Bill receives the death penalty and is executed for his crime In most states will Bill's children be able to collect the life insurance proceeds?

No 

Yes 

No, except for an allowance for necessaries with the balance going to Marcy's heirs. 

Not all the proceeds will go to a state administrated crime victims fund.

Answer rating: 100% (QA)

C No policies ... View the full answer