Georgia slayer statute
Like most other states, Georgia has a specific prohibition against a beneficiary receiving life insurance proceeds if they willfully kill the insured.
Waiver of service of process in an interpleader suit
What is a waiver of service? When a life insurance company is on notice of a dispute regarding the proper beneficiary of life insurance proceeds, or is uncertain who to pay, it will often file an interpleader lawsuit. An interpleader is a type of lawsuit the life insurance company files to have a court determine who should receive the proceeds.
Does ERISA preempt state slayer prohibitions?
Most states have laws that specifically prohibit a life insurance beneficiary from collecting the proceeds if they willfully cause the death of the insured. But ERISA preempts state laws that would alter a valid beneficiary designation, including slayer statutes. So can a slayer receive the proceeds of an ERISA life insurance policy?