Divorce is usually an emotional topic and when it involves life insurance it can often spark confusion and even controversy. It is a subject that requires discussion during a divorce settlement when a splitting couple has dependent children. Will you change the beneficiary assignment from your soon-to-be ex-spouse to your children? Who will own the policy? How does life insurance affect alimony? This section will cover these concerns and prepare you for a healthy discussion on the sensitive but important topic of how to handle life insurance during a divorce.