Separation Agreement Clause Draft

Summary

Drafting a separation agreement clause involves specifying that the trustee of a life insurance policy will manage outstanding child support obligations. The clause should state that the trustee will allocate and disburse funds from the policy proceeds to cover any outstanding child support before distributing remaining funds to beneficiaries. Additionally, the clause can specify that the trustee will continue to pay these obligations on a monthly basis. This ensures that financial responsibilities are met consistently. For personalized advice, consult a local attorney.

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write me a clause for a separation agreement that states that the trustee appointed to the life insurance policy will pay any outstanding child support obligations
Sure, here is a sample clause for your separation agreement:
"The Trustee appointed to the Life Insurance Policy shall allocate and disburse any outstanding child support obligations from the policy proceeds prior to the distribution of any remaining funds to the beneficiaries."
Do you have any other specific concerns or clauses you need assistance with?
write me a clause for a separation agreement that states that the trustee appointed to the life insurance policy will continue to pay any outstanding child support obligations on a monthly basis
Sure, here is a sample clause for your separation agreement:
"The Trustee appointed to the Life Insurance Policy shall continue to pay any outstanding child support obligations on a monthly basis from the policy proceeds, prior to the distribution of any remaining funds to the beneficiaries."
Is there anything else you need help with?