Beneficiarychange form on 250000 lifeinsurance policy tears family apart Orlando Sentinel

A problem arose however. That has set off a legal battle pitting one side of Lokey s family against the other. Perry to sort it out. If the judge rules that the newly discovered beneficiary form is valid however Hintz would get nothing. Half the money would go to Ballurio the ex wife. They had been friendly before Hintz said. They quit talking to me he said. John Lokey died of heart disease May . His net worth according to his divorce file was . million in late . He was so cool. He really was said Hintz who worked with him. Lokey he said had the coolest toys. They included an airplane a Harley Davidson motorcycle and a fishing boat. He was supposed to name his former wife the irrevocable beneficiary but that never happened according to court records. Instead he named his two daughters. So John Lokey took her name off the policy. Instead he ordered Banner to pay her half of the benefits to Hintz his nephew. He loved me Hintz said. The other half Jo! hn Lokey left alone. That would still go to his younger daughter Cammy. That s the official change of beneficiary form on file at Banner. But seven months later Lokey signed a new change of beneficiary form the one recently discovered. The warring sides don t dispute that he signed it. There s a copy of it in the court file.

Source: www.orlandosentinel.com/news/local/seminole/orl-beneficiary1407nov14,0,6491800.story?track=rss

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