simultaneous death clause

simultaneous death clause

Usually in wills made by husbands and wives, the clause says that if one does not survive the other by a certain time limit, usually 6 months, their properties will be disposed of in an alternative manner specified in the will.

References in periodicals archive ?
However, it is possible to reverse the statutory presumption by inserting in the policy a so-called "reverse simultaneous death clause.
Specifically, a reverse simultaneous death clause would state that if it cannot be determined who died first, the beneficiary will be deemed to have survived.
Planning hints: Simultaneous death clauses frequently are not carefully considered in drafting and reviewing wills.
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