Monday, March 22, 2010

Divorce or Marriage


Whether you are getting a divorce or you are getting married, you need to have your wills done or updated upon the occurrence of either event.

I have had situations where the only will in effect was the one written before the divorce. Naming a prior spouse can be problematic upon death. Was the intent to provide for the person or the "spouse"? The prior spouse could allege that no change was made because there was still an interest by the divorcing spouse to leave the prior spouse assets upon death. The person in the best position to address the issue is now deceased.

Take care of those important matters when your life circumstances changes. Doing a will or updating one is one of those important matters to address.

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