Life Insurance Proceeds from Wife Who Recently Died -How to Protect in Bankruptcy?

703.140(b)(11)(C)....as they were likely dependent on one another
...... the 704 exemption does not have the "dependent" limitation and could be exempted in full:
704.100(c): Benefits ...... are exempt to the extent reasonably
necessary for the support of the judgment debtor and the spouse and
dependents of the judgment debtor.

Do not try to do this yourself...you could create a 'blind ally' for yourself and loose all the benefit of the process by trying to save a few hundred dollars....seek counsel.