It is essential to get your will updated or to create an entirely new one after divorce and before remarriage
Wills, Trusts, and Estates
We all know divorce can be emotionally and financially challenging. But many of us don’t know how to protect ourselves from financial disaster that can occur long after divorce.
Sharon Klein, president of Wilmington Trust Family Wealth, Eastern U.S. region, discusses the urgency for divorce and estate planning in light of COVID-19 with Dan Couvrette, publisher of Divorce Magazine.
As you transition from one chapter of your life to the next, what follows is our pick of the top 10 financial considerations to address in divorce.
It’s common for divorced parents to assume that their children will receive an inheritance if their ex-partner were to pass away, but that can be a dangerous assumption.