Hello 
Recently my husband filed for bankruptcy and during the 341 meeting the trustee asked him about backpay that is owed to him. Basically, he's in a union and they are currently and has been (over 2 years now) negotiating a new contract, so once the contract goes through they will have to pay my husband the difference in backpay. We estimated that to be around $10k and the trustee says that if it comes out to be even a cent more we have to disclose that information to them. We asked our attorney after the meeting if this still needs to be disclosed even after discharge and he said yes. I guess the trustee can determine how much, if any, they would take to pay back the creditors based on the amount he receives.
Recently, I have come to find out that I have health issues and that I may not have much time left. We have life insurance on us through his employment and I'm worried that if something happens to me before the one year anniversary of the discharge, that he'll lose the payout (or a portion of it) which he'll need as we have 3 young children and would need that money to pay for childcare amongst other things.
Does anyone have any insight on a situation like this? Does he have to report the life insurance payout if he receives one? I could ask the attorney but haven't done so as I haven't yet told my family about my health diagnosis.
Oh this pulls at my heartstrings.....when we were drawing up our Wills we had choices, none of which I wanted to make but it's a must of course. Is there a way to make your children the beneficiaries so as to bypass certain rules or whatever it's called even though it's through your dh's employment? 
Hugs, hugs, hugs and all the best to you!
You can change the beneficiaries... set up a trust as the beneficiary etc... talk to a Financial Advisor and an Estate Attorney.
