| |
The Perils of Not Changing Your Beneficiaries After a Divorce
Posted By:
Friday, July 20, 2018
Following a divorce, most people assume that their Ex will not inherit their retirement life insurance benefits or bank accounts. This may not be the case if the beneficiary clauses have not been changed with the companies that retain these assets.
It is important to realize that the divorce decree only binds the parties to the divorce. This does not include any other company insurance or otherwise unless it is specifically mentioned in the divorce decree. The consequences for your family or other beneficiaries could be dire, leaving them with no legal means to obtain the assets that you desire them to have. Be sure to have this conversation with your attorney to ensure that your assets are allocated properly, ensuring peace of mind for your family or other beneficiaries.
It is difficult enough to go through a divorce, but with proper guidance and the right attorney you can be sure that these mistakes will not happen. Please don’t hesitate to contact us if you or a love one is considering or involved in a divorce or dissolution. We also provide extremely affordable estate planning wills and trusts.
|
|
|
|
Blog Categories
Personal Injury
06/05/2019 - What Should You Look for When
02/20/2019 - Do You Have a Personal Injury
01/23/2019 - Underinsured and Uninsured Mot
11/21/2018 - Does an existing condition or
06/15/2018 - Deception in Advertising: "Big
10/24/2017 - 3 Things to Do Right After an
11/18/2016 - Becoming a Reliable Witness fo
09/28/2016 - Avoid these Mistakes after Bei
Divorce
03/20/2019 - Prepare for Your Divorce Befor
01/23/2019 - Custody of the Child During th
12/19/2018 - How to Choose the Right Divorc
07/20/2018 - The Perils of Not Changing You
06/15/2018 - 4 Reasons You Should Hire a Di
12/22/2017 - Holidays before Divorce
10/24/2016 - Finding the Best Divorce Attor
Bankruptcy
04/08/2019 - Overwhelmed by Debt? Strategie
08/24/2018 - 4 Reasons to Hire a Bankruptcy
03/23/2018 - 4 Myths about Bankruptcy
02/23/2018 - Still paying for Christmas?
01/13/2017 - Chapter 7 or Chapter 13 Bankru
12/16/2016 - Filing for Bankruptcy
General
07/25/2019 - Thinking about skipping on Uni
10/24/2018 - How Can Motorcyclists Stay Saf
09/19/2018 - Seeking a Wrongful Death Lawsu
07/30/2018 - Is Your Life or Your Lifestyle
05/18/2018 - Finding the Right Legal Counse
04/25/2018 - Why Is It Important to Get Cov
03/22/2018 - The Financial and Legal Advant
02/26/2018 - Finding a Lawyer: What are the
01/22/2018 - Happy New Year!
11/27/2017 - Can I write my children out of
09/27/2017 - Gambling with Gap Insurance
08/07/2017 - Do you have sufficient medical
07/23/2017 - Do you have the right auto ins
06/05/2017 - What is the difference between
05/17/2017 - Do I Need a Durable Power of A
05/02/2017 - Bankruptcy and Divorce
02/28/2017 - Wills and Trusts: A Necessity
|
Tag Cloud
|
|
|
| |