Divorce may mark the end of a marriage, but it is just a detour along your estate planning journey. This pivotal life change will trigger the need for an estate plan review to see where you stand and identify the changes that you want to make.
Neglecting to update your estate plan after a divorce can lead to unintended consequences and financial hardship for your loved ones, so immediate action is required.
Here’s a comprehensive guide to navigating the estate planning landscape post-divorce.
1.) Revoke Your Will
Your existing will, drafted during your marriage, likely contains provisions that are no longer valid. To prevent your ex-spouse from inheriting any part of your estate, it’s essential to explicitly revoke the previous document. You can either destroy the original will or draft a new one stating your current wishes.
2.) Update Beneficiary Designations
Review and update Estate Planning Seminars Page.
Need Help Now?
If you have already decided that you would like to work with an attorney to put a plan in place, we can help. Simply call us at 860-548-1000 to set up a consultation at our Glastonbury or Westport, CT estate planning offices, and you can alternately use our contact form to send us a message.
Mr. Nirenstein is licensed to practice before the courts of the State of Connecticut and the United States District Court. He is a member of the Connecticut and Hartford County Bar Associations, and the Estate and Probate, Elder Law, Business Law and Real Estate Sections of the Connecticut Bar Association.
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