While your divorce is pending, it may be important to consider the impact your divorce may have on your estate planning documents. If you wouldn’t want your soon-to-be-ex making medical decisions for you, now is the time to update your Health Care Directive. When the divorce is commenced, the restraining provisions in the Summons prevent parties from changing insurance beneficiaries – now is not the time to be changing life insurance, medical insurance, or car insurance. But all of this stuff will need to be taken care of once the divorce is finalized. When the divorce is final, it is time to update your will and review your beneficiary designations. Be sure to talk to your attorney about your estate planning needs.
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