U.S. Supreme Court Upholds Retroactive Application of Revocation-on-Divorce Statutes
In an eight-to-one decision, the U.S. Supreme Court approved of the retroactive application of revocation-on-divorce statutes—laws that revoke beneficiary designations and other dispositions to a spouse automatically when a couple divorces. Since Massachusetts has enacted a revocation-on-divorce statute, the decision has implications for residents of the Bay State. The case involved an insurance policy purchased […]