If you are in divorce proceedings or already\u00a0divorced, remember to update your Estate Plan after Divorce<\/a>.<\/p>\n Neglecting this step could have unintended, unpleasant and unanticipated consequences.<\/p>\n To prevent potential conflict of interest, it is best to work with a different estate planner than whom you used while together.<\/p>\n As you review your estate planning documents, remember to include your power of attorney and health-care proxy<\/a>.\u00a0 Destroy the old document and complete a new one naming new proxies noting that this document revokes and replaces the previous document.<\/p>\n When you create an inventory of estate planning forms, you can check them off as you update them.\u00a0 Go over documents designating beneficiaries.\u00a0 This group comprises insurance policies, retirement accounts, annuities, brokerage and bank accounts whose proceeds pass to the named person regardless of what a will states.\u00a0 You need to make changes by sending in a newly completed form to the financial institution holding the policy or (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" If you are in divorce proceedings or already\u00a0divorced, remember to update your Estate Plan after Divorce. Neglecting this step could have unintended, unpleasant and unanticipated consequences. To prevent potential conflict of interest, it is best to work with a different…<\/span><\/p>\n