At the conclusion of your divorce, there are still several things you need to do to "finalize" the big change in your life.
One of those things is to make changes to your estate planning documents.
In many instances, married couples have executed Wills, Trusts, General Power of Attorneys and Health Care Power of Attorneys, appointing their respective spouse as the Personal Representative/Attorney. Additionally, the spouse is to receive the entirety of the decedent's estate.
It is imperative that all of these estate planning documents be revised. There is no need to wait until the completion of the divorce to do this. This can be commenced at any time. In my opinion, the earlier the better.
Client's also need to check (and possibly change) their beneficiary designations on any life insurance policies, bank accounts and retirement accounts.
If you have questions regarding these issues please contact an experienced attorney in your area.
Jason Pistiner, Esq.
SINGER PISTINER, P.C.
602-264-0110
jp@singerpistiner.com
www.singerpistiner.com
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