[WSBAPT] Life Insurance in insolvent estate

[Timothy Lehr]

All,

I have an estate that has two life insurance policies with no named beneficiaries, and otherwise the estate is insolvent. There are some outstanding debts as well. Wondering if life insurance proceeds payable to the "estate" are protected from the estate creditors? When I read RCW 48.18.410, it seems to me they are exempt. Any thoughts or am I missing another relevant statute?

Thanks!

Timothy C. Lehr
Attorney at Law

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e:   timothy at stileslaw.com<mailto:timothy at stileslaw.com>
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