Estate Planning & Divorce: Why You Should Update a Will
After dealing with a stressful divorce, the last thing most people want to deal with is making changes to their Will or estate plan. In fact, many people forget they need to make changes at all.
It’s important to understand that even though your divorce has been finalized and you’re no longer married to your partner, they could still be recognized in as a beneficiary.
If you no longer wish for your former spouse to manage your estate or receive any benefits, then you should immediately update your Will and estate plan. Ideally, this would be done prior to or during the divorce process.
If you’re working with a family law firm on your divorce, they may also be knowledgeable in estate planning or can certainly provide you with a qualified referral.