Category: Divorce
“It is also important to realize that it isn’t merely ‘why’ you are updating your will, but ‘when’ you are updating that can make all the difference.” Estate planning lawyers hear it all the time—people meaning to update their will, but somehow never getting around to actually getting it done. The only group larger than […]
“While it’s not the best idea to expect your benefits alone to support you in retirement (after all, Social Security is only designed to replace around 40% of your pre-retirement income), some retirees have no other option but to depend on their monthly checks to cover the majority of their expenses.” According to the Social […]
Assets will have to be divided as well as dealing with paperwork, courts and tax law changes. Dividing up assets is difficult in a divorce and the new tax law changes that went into effect in January 2019 are not going to make it any easier, according to Next Avenue in “How the Tax Laws […]
So, just what is going on with your life, the kids, your health, their health, their future plans? Don’t just ask for the proper documents to create an estate plan. Make sure that your attorney knows what is actually going on in your life, according to the Citizen Times in “Expert advice: 6 financial decisions […]
Celebrities including Marlon Brando, Prince and Florence Griffith-Joyner should have had up-to-date estate plans. It is not just celebrities who make big mistakes when it comes to failing to keep an estate plan up to date, according to Kiplinger in “6 Estate-Planning Mistakes Celebrities Made“. It could happen to anybody, including your family, if you […]
Mistakes are easy to make when it comes to your benefits so approach the issue carefully. A person in the U.S. works to earn Social Security benefits. It would be a good idea to approach decisions on your benefits carefully, according to the Independent Record in “Don’t Make These 4 Big Social Security Mistakes“. First, check […]
An estate plan should reflect marriage, separation or divorce or the law makes assumptions. Things can get difficult with an estate plan, especially if it includes a trust, if you and your spouse have separated but have not yet gotten divorced, according to the Canadian newspaper The Globe and Mail in “A warning for couples […]
You don’t just need a divorce attorney, if you decide to go separate ways. If you end up needing a divorce attorney, it might be wise to consider an estate planning attorney as well, according to Nasdaq in “What to Do If You’re Divorcing Your Valentine.” Valentine’s Day can bring couples closer together or drive […]
Estate planning is essential following a divorce or remarriage. Should a divorce come along in your life you will most likely face plenty of decisions and paperwork but you should be aware that more legal and financial paperwork is in your future, according to Splitopia in “Protect Those You Love in Divorce, and Remarriage.” And, […]
An estate planning attorney could be helpful before signing a divorce decree. Divorce agreements often include child support and life insurance requirements but as the National Law Review points out in “How Divorce Can Impact Your Estate Plan,” these life insurance provisions in divorce agreements are often flawed from an estate planning perspective. Divorce attorneys […]
