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Wednesday, March 29, 2023

The Impact of Divorce on Estate Planning and Beneficiary Designations March 23, 2023March 23, 2023
The Pros and Cons of Using Robo-Advisors for Investing March 16, 2023March 16, 2023
The Importance of Estate Planning for Small Business Owners March 9, 2023March 9, 2023
How to Save for Retirement in Your 20s February 27, 2023February 27, 2023
How to Achieve Financial Independence and Retire Early February 20, 2023February 20, 2023
Understanding Alternative Investments February 8, 2023February 8, 2023
Socially Responsible Investing January 23, 2023January 23, 2023
Technology and Financial Analysis January 16, 2023January 16, 2023
The Most Memorable and Inspiring Financial Lessons From Real-Life Economic Recessions and Crises January 9, 2023January 9, 2023
Different Types of Financial Planning Services January 2, 2023January 2, 2023

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The Impact of Divorce on Estate Planning and Beneficiary Designations

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The Impact of Divorce on Estate Planning and Beneficiary Designations

Keiron Pemberton March 23, 2023March 23, 2023 0

If you recently divorced, it is essential to review your estate plan and beneficiary designations. Typically, these documents contain appointments of an executor, trustee, guardian or health care agent to manage financial and medical affairs in case of incapacitation. Divorce can have unintended consequences when it comes to estate planning appointments; your former spouse will be treated as the decedent instead of you, potentially leading to unexpected outcomes. 1. Life Insurance Life insurance is an…

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