No couple expects to divorce when they plan their estate together, but when the worst happens and you file for divorce from your partner, you will need to make sure you update those plans.
Estate Planning After Divorce | Wills Lawyer in Cary NC
When you are going through a divorce, the last thing you typically think about is the will you wrote with your former spouse when you got married. It designated who gets what and how your estate will be handled if you pass away. If you updated it when you had children, it may have instructions on who will become their guardians should something happen to both parents. Now that you are divorced, everything has changed, and you will need to update your estate plan to reflect your new situation.
In the last part of our blog series, our wills lawyer in Cary NC talked about creating a formal separation agreement and about how to name guardians for your children. Now let’s look at a few other things that need to be updated in your estate plan.
Naming an Executor of Your Estate | Wills Lawyer in Cary NC
Instructions in your will probably name who will be executor of your estate. In your original will, you probably named your former spouse, but now you will need to decide on another trusted family member or friend. Make sure that the documents in your estate plan name the new person you want to be your executor or trustee.
If you have a healthcare power of attorney outlined in your estate plan, make sure those are also updated. This person will make medical decisions on your behalf should you become incapacitated. It is likely you named your former spouse, but you will now want to designate another trusted family member or friend.
Be sure to visit with our final part of this blog series, soon. Have any questions? Contact our wills lawyer in Cary NC, today.
If you don’t have an estate plan in place or haven’t reviewed yours in several years, now might be the best time to start. Our wills lawyer in Cary NC is here to help you get your estate planning in order and ready should you pass in an untimely manner or become incapacitated at some point. It’s better to be safe than sorry when it comes to an estate plan. Contact our office.
As always, feel free to contact us at our office to schedule a consultation with if you are looking for a lawyer to represent you in other legal matters. We are here to assist you with small business needs, trademarking, copyrighting and DWI issues.
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