Can You Profit From Ex Spouse's Death

Can you profit from the death of your ex spouse?

The answer is "yes" if your ex spouse consents. You purchase life insurance on the life of your ex spouse with you as beneficiary.

Texas has one of the most liberal "insurable interest" statutes any place. Generally, anybody can have a life insurance policy on any adult person's life so long as the person consents. Texas Insurance Code 1103.056.

However, I would suggest not granting such consent to ex spouses. I am not sure right now whether a family law court can compel such "consent," but I would strongly suggest if the issue arises that you argue against such an order.

I just don't see how it makes good sense to have an ex spouse having a financial interest in your death. I am not suggesting most ex spouses would kill you for money but some will.