Q: Does the government take life insurance payouts when someone who owes restitution dies?
My father was convicted of a white collar crime and ordered to pay restitution. He is currently on release due to the Covid 19 pandemic but his release date is July 2024. My brother and I bought life insurance on him and my mother years ago. We are the beneficiaries of the policy. My question is this. Will the government take that life insurance benefit from us when he passes away?
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