One of the keys to proper estate planning is reviewing your estate plan on a regular basis, making sure that it reflects changes to your life and to your family dynamic. Case in point: It’s always important to review and revise your estate plan as you begin divorce proceedings.
Consider this: Should you die or become disabled before the divorce is finalized, your spouse may assume legal control over your estate and your end-of-life wishes. This may not be what you wish to happen, especially if the divorce proceedings are acrimonious or you and your spouse are completely estranged.
If you are thinking about a divorce, then, we’d also recommend meeting with your estate planning attorney to make sure everything is up to speed. Some specific considerations:
You will doubtless have many questions about how to revise your estate plan as divorce unfolds, even beyond the points made here. Reach out to Singh Law Firm for any estate planning queries—and don’t delay! Remember, it’s always important to have an estate plan that reflects your current family realities.