New York Life Insurance Company v. Kravitz et al

Filing 32

ORDER FOR DISTRIBUTION AND OTHER RELIEF: granting 31 Motion for Interpleader Disbursement (28 U.S.C. Section 1335). IT IS ORDERED as follows:Christopher Kravitz is hereby appointed as Guardian of the Estate and/or Guardian of the Property of S.K., a minor, for the purposes of entering into this Stipulation and releasing the Company of all liability under individual life insurance policy number 14 252 725 (the "Policy"), receiving funds on behalf of S.K., and otherwise representing S.K.'s claim to the Death Benefit; Christopher Kravitz is hereby appointed as Guardian of the Estate and/or Guardian of the Property of E.K., a minor, for the purposes of entering into this Stipulation and releasing the Company of all liabil ity under the Policy, receiving funds on behalf of E.K., and otherwise representing E.K.'s claim to the Death Benefit; Upon the Company's receipt of any IRS W-9 or claim forms deemed necessary by the Company, the Company shall issue a check payable to the order of "Christopher Kravitz as Trustee for S.K. and equal to the sum of $50,000, representing 50% of the Death Benefit due, plus applicable interest; Upon the Company's receipt of any IRS W-9 o r claim forms deemed necessary by the Company, the Company shall issue a check payable to the order of "Christopher Kravitz as Trustee for E.K. and equal to the sum of $50,000, representing 50% of the Death Benefit due, plus appl icable interest; By no later than 6/25/2021, plaintiff's counsel shall advise the Court by letter that the Death Benefit has been distributed, plaintiff's counsel shall so advise the Court and provide a status report regarding same. The Clerk shall terminate the motion. (Doc. # 31). IT IS SO ORDERED. (Signed by Judge Vincent L. Briccetti on 4/26/2021) (ama)