Dolores Aderholt, as Administrator of the Estate of Bobby Wayne Aderholt v. Sandra R. Aderholt McDonald

Summary

The court affirmed summary judgment awarding the interpleaded life-insurance proceeds to the decedent's ex-wife because she remained the policy's named beneficiary when he died. The divorce, without more, did not alter her contractual beneficiary rights, and the record showed no affirmative attempt by the decedent to change the designation or any other basis for equitable relief. The court declined to resolve whether the divorce judgment intended the policy merely to secure alimony because the named-beneficiary designation was controlling.