OPINION
LARRY L. LESSEN, Bankruptcy Judge.
The issue before the Court is whether, and to what extent, life insurance proceeds paid to the Debtor as a result of her husband's death, are exempt under 735 ILCS 5/12-1001.
On June 20, 2001, Debtor's husband passed away. In mid-July, 2001, Debtor received life insurance proceeds in the amount of $150,000. On July 13, 2001, Debtor filed her voluntary Chapter 7 petition in bankruptcy. On her ScheduleB &...
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