What Is The Importance Of Estate Planning In Divorce Dispute?
Married
individuals who are considering a divorce should make sure they re-plan their
estate issues. Most couples have each other as beneficiaries & designate
each other as powers of attorney while they are married, but in light of a
divorce, both individuals must revisit these issues.
The
following list provides a few of the details you should consider in terms of
your estate planning:
1. Will
An
individual's Will can be changed at his or her discretion and does not require
anyone's approval. If you consider your marriage to be over, you need to change
the beneficiaries on your Will as soon as possible, without waiting for the
divorce dispute to be finalized. Otherwise, your spouse might seize your assets
& give it to your children, parents, or any other person to whom you might
want to leave your property.
2. Power of Attorney
Spouses
generally designate each other as their powers of attorney while they are
married. This means that your spouse can make decisions about your house, car,
investments, finances, & many other choices if you cannot do so yourself.
This is another vital issue that needs to be revisited in the estate.
3. Health Decisions
Health
proxies make decisions about your health if you cannot do so. For example,
should or should you not have surgery, should you receive medicine, etc. These
decisions should be better left to someone else you trust if you are about to
go through - or are going through a divorce.
Many
other relevant issues need to be modified or thought about if you are going
through a divorce. If you, loved ones, or someone you know is planning on a
divorce, it is in your interest to seek the help of an experienced Divorce
Lawyer at the earliest.
In
the unfortunate circumstance that the couple cannot work out divorce issues,
you need an accomplished divorce lawyer - Mr. Binoye Jos. Mr. Jos will take the
opportunity to identify your matter & will prepare to go to battle for your
benefits. You can trust Mr. Binoye Jos, the Best Divorce Attorney in OrangeCounty, to help you navigate your divorce disputes. Call Jos Family Law
at 1-(714)-733-7066 for a free initial consultation.
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