Learn How To Stay In Control During and After Your Divorce…
And Make Sure That Your Assets Don’t Accidentally
End Up In the Hands of your Soon-to-Be Ex!
If you are in the middle of a divorce, updating your wills, trusts, healthcare directives and other estate planning documents is probably the last thing on your mind. Your focus is likely on who keeps the house, which parent gets primary custody and child support, etc. This can cause estate planning to feel like an added burden during an already difficult time.
Yet, if you do not update your documents you could experience one of the following nightmares:
- You become incapacitated during divorce proceedings and your soon-to-be ex could still have authority over your medical and financial affairs.
- You die without updating key beneficiary designations and your ex-spouse stands to inherit from your estate.
- Even though you meant to protect your assets for your children’s use, you die before the divorce is final and your financially unstable ex gets everything, leaving the children nothing.
Most people would shudder at the idea of their ex-spouse having so much control and this is why it’s critical to update your beneficiary designations and other estate planning documents to prevent your ex-spouse from inheriting money or remaining in positions of authority.
We can help ensure this never happens to you…
Supreme Court Favors Ex-Wife Over Widow In Battle For Life Insurance Proceeds
When Warren Hillman died in 2008 at the age of 66, his assets included a life insurance policy worth $124,558.03. For the past five years his ex-wife and his widow have been fighting over that money. Today the U.S. Supreme Court found that Judy Maretta, who Hillman divorced 10 years before he died, was entitled to every penny of it. (The Court’s decision in Hillman v. Maretta.)
We understand that, at this difficult time, you have a wide range of needs and are being pulled in many directions. Let us help guide you to ensure you are doing everything possible to keep your assets safe, and personal rights protected, before, during and after divorce. Download the brochure today!
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