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A Trustee in Bankruptcy Claims more than $700,000 in Insurance Proceeds – Life Insurance – Bankruptcy – Change in Beneficiaries – Prescription – Reasonable Period of Time – Is a Change in the Designation of Beneficiaries Null and Void in the Context of a Bankruptcy?

March 2019 Donati Maisonneuve, Quebec

Baker’s Trustee, 2018 QCCS 5493.

This case involves a motion by Mr. Baker’s Trustee in Bankruptcy (hereinafter, “the Trustee”) in an effort to have a change in beneficiaries under a life insurance policy made by Mr. Michael Theodore Baker (hereinafter, “the Bankrupt” or “Mr. Baker”) declared null and void.

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