Hillary Collyer, Jamie Polito Johnston, Tara Richardson, and Maya Trujillo Ringe, of Lasher Holzapfel Sperry and Ebberson PLLC, have made available for download their article, “The Importance of Post-Divorce Beneficiary Planning”, published in JDSUPRA. The abstract is as follows:
When you’re in the throes of a separation or divorce, it is easy to forget the importance of updating your will and your estate plan. With so much happening in the here and now, things like beneficiary designations and estate planning can feel very much like an “I’ll get to it someday” problem. However, as many people have found out, putting off changing your will or beneficiary designations can be a costly, and often devastating, mistake.
Here are just a few of the reasons why it’s a good idea to set aside some time right now to check and update your beneficiary designations and your will, or create an estate plan if you have not already done so.
Posted by Isabella King, Associate Editor, Wealth Strategies Journal.