A court ordered that the funds from a life insurance policy taken out on slain Colorado boy, Gannon Stauch, will go to his parents.
Last week, the court ordered the birth parents of Gannon, Eugene “Al” Stauch and Landen Hiott, to divide the $25,000 life insurance policy, which convicted murderer Letecia Stauch obtained for the 11-year-old before his death.
As CrimeOnline previously reported, court documents reveal that Stauch purchased the “Child Rider” insurance policy on June 11, 2017, enabling a $25,000 payout in the event of Gannon’s demise.
USAA subsequently filed a request with a federal judge to determine the appropriate recipient of the funds.
Stauch arranged the policy, which stipulated 75% of the funds should go to her daughter, Harley Hunt, and 25% to Al Stauch in the event of Gannon’s death.
On the day she was arrested for Gannon’s murder in 2020, Letecia Stauch requested USAA to modify the beneficiary information and exclude Al. On March 3, 2020, USAA made the necessary changes to designate Harley Hunt as the sole beneficiary.
“When you take out an insurance policy, the insurance company has an obligation to pay on that policy. If they don’t pay on that policy, the insurance company can be sued for triple damages,” attorney Jeremy Loew told KDRO. “They’ve essentially given the money to the court and they’ve asked the court to decide who the money should go to if anybody at all.”
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Stauch USAA by Leigh Egan
As CrimeOnline previously reported, Stauch stabbed, beat, shot, and killed Gannon inside the family’s Fountain home in January 2020. She then took great measures to cover up her crimes, by blaming numerous imaginary people and driving to Florida, where she tossed Gannon’s body, stuffed inside a suitcase, over a bridge in Pace.
A Colorado jury convicted Stauch of first-degree murder and related charges this month. She’s since been taken to the Denver Women’s Correctional Facility, where she will serve out a life sentence without the possibility of parole.
“You can’t take a life insurance policy out against someone and then murder them for the money,” Loew said. “That’s not allowed. It seems to be what occurred in this case.”
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[Feature Photo: Gannon Stauch; Facebook/Letecia Stauch; Police Handout]
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