There are a variety of family law matters that couples encounter when they work through the end of their marriage. For those with children, stress may arise over child support or custody, while those with a high net worth may have an especially complicated divorce due to property division and other financial considerations. However, there are other ways in which filing for divorce can affect one’s life as well. For example, those who have an estate plan may find that it is necessary to make changes as a result of their divorce.
Ending your marriage may necessitate a number of revisions when it comes to your estate plan. For starters, you might want to remove your former spouse from the plan, whether you have named them as an executor of the estate or a beneficiary. Moreover, you may need to find a new person to serve as the executor of your estate and you may also want to change the way in which assets are distributed among beneficiaries. For example, you could wish to remove beneficiaries or add beneficiaries to the estate plan.
When some people go through a divorce, they feel overwhelmed and unable to handle any additional stressors. However, it is crucial to take care of these important matters and ensure that your estate will be split up in accordance with your wishes. Our law office realizes that estate planning can be tough and our page on this topic provides additional information which is related to revising your estate plan.