Divorce and Estate Planning
Financial and Estate planning should be prioritized elements of any divorce. If it is not, you could lose everything you have worked so hard for. If you want to keep from loosing it all, you can use Jan Warner's FlyingSolo planning resources. With them, you can learn how to avoid some of the ways divorce can ruin your expensive, well thought out estate and retirement plans.
For instance, did you know that someone can be accidentally disinherited? Imagine everything you worked for going to your ex spouse's new spouse! A trust can prevent this, and in Jan's article, Accidental Disinheritance Is Common, he explains how to prevent it.
Another way a divorce can ruin your life, estate planning, and the lives of your children, is health care issues. Have you remembered to change your health care proxy and beneficiary designations? No? Then, in the event you are unable to, someone you might not want to make your decisions could be allowed to make decisions about your health. Find out how to fix this and more with the FlyingSolo estate planning resources below.
Live in a community property state? Don't know if you do? Jan can help you get the basic information in a manner that you can understand. In his article, Understanding The Basics of Community Property For Divorce and Estate Planning Purposes, he explains the community property and how it can affect estate planning.
This, and much more, is available to FlyingSolo members. So sign up now. For only $10.00, you can have unlimited access to our entire library of divorce and estate planning resources and other divorce related topics. Quite affordable. A FlyingSolo membership is a lifetime membership and never expires.