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Karsiere v. Variable Annuity Life Ins. Co.

United States District Court, Eastern District of California
Nov 10, 2021
2:21-cv-01728-KJM-KJN (E.D. Cal. Nov. 10, 2021)

Opinion

2:21-cv-01728-KJM-KJN

11-10-2021

Sarma Karsiere, Plaintiff, v. Variable Annuity Life Ins. Co. et al., Defendants.


ORDER

In this case regarding beneficial interests of a deferred annuity contract, defendant/counterclaim plaintiff Variable Annuity Life Insurance Company (VALIC) moves for leave to retain the annuity subject to a legal hold or, in the alternative, to deposit funds. Mot., ECF No. 3. Counterclaim defendants Brian Heilman and Karen Bearson filed separate statements of non-opposition. ECF Nos. 12 & 13. Good cause appearing, the court takes the matter under submission and grants the motion.

On September 22, 2021, VALIC filed its counterclaim for interpleader relief. Mot. ¶ 1. VALIC claims no title or interest in the annuity and is ready and willing to pay the funds in the annuity to the proper beneficiary. Id. ¶ 2.

Accordingly, the court grants VALIC leave to retain and administer the annuity contract number 2551480, held by the decedent, Robert J. Heilman, until the court issues an order identifying the proper beneficiary at issue in this action for disbursement of the funds. As of September 22, 2021, the account value of the annuity was approximately $87,130.67.

IT IS SO ORDERED.

This order resolves ECF No. 3.


Summaries of

Karsiere v. Variable Annuity Life Ins. Co.

United States District Court, Eastern District of California
Nov 10, 2021
2:21-cv-01728-KJM-KJN (E.D. Cal. Nov. 10, 2021)
Case details for

Karsiere v. Variable Annuity Life Ins. Co.

Case Details

Full title:Sarma Karsiere, Plaintiff, v. Variable Annuity Life Ins. Co. et al.…

Court:United States District Court, Eastern District of California

Date published: Nov 10, 2021

Citations

2:21-cv-01728-KJM-KJN (E.D. Cal. Nov. 10, 2021)