Does CA 50/50 marriage law play into party when it comes to life insurance? 
Great question ! Insurance policies have three moving parts . The owner , the insured , and the beneficiary . The owner holds the right to changing the beneficiary ; The insured is the person that the policy is taken out on ; and the beneficiary is the person who gets paid when you -LRB- the insured -RRB- pass . Do you know who was listed as the beneficiary ? That 's what you really need to know . My understanding of the 50/50 law in your state as explained by a couple of lawyers , does n't mean all debts or assets are necessarily split 50/50 . I 'd advise strongly that you ask the agent or company who holds the policy who they award the ownership to , and your lawyer . Good luck ! Thanks for asking ! 