Post-Divorce Estate Planning
If you are newly divorced, it’s important to make sure that your estate planning documents are updated to reflect your new situation. If you are like most people, if you did an estate plan while you were married, you most likely left everything to your spouse—probably not the result you want now.
After a divorce, you need to make sure your ex-spouse is removed from making any financial or health care decisions for you. You also want to make sure your assets are properly designated to go to beneficiaries other than your ex-spouse.
If you have minor children, you should also consider whether you want your ex-spouse in control of any money your children inherit from you. If you don’t want your ex-spouse in control of these funds, it’s critical to put in place an estate plan that guarantees this does not happen.
To read my recent blog post on estate planning after a divorce, click here.
For more information download "The Post-Divorce Guide to Estate Planning"