Updating Your Will After Divorce
Leaving Property Pt. 3 –
In states where leaving property to ex-spouses is not possible, the property would usually be dispersed in the same way it would if your ex-spouse had passed before you. The alternate (contingent) beneficiary would be the one to inherit the property. If you do not have an alternate beneficiary in your will, the residuary beneficiary would be the one to inherit. If you neglect to name this as well, each state has laws in place to pass down your property to your closest living relatives.
Because all state laws are different and laws are always changing, the best thing to do is to create a new will altogether with alternatives named as well. A new will can ensure that you know where all of your property is going. Also, the laws only apply to a finalized divorce. If you are in the process of getting a divorce, your will stands as is. This is why you need an experienced divorce & estate planning attorney on your side.
Brandon Legal Group offers both divorce and estate planning services. Our divorce attorneys understand that this is a difficult and stressful time for you both emotionally and financially.It is a difficult time not just for the couple getting divorced, but for any children or close family as well. Divorce is rarely a simple issue. It is often complicated and can be messy. Our divorce attorneys are experienced in many different kinds of divorce, from collaborative divorces to military divorces, we will treat you with compassion and like you are one of our own. Contact Brandon Legal Group today. Our divorce attorneys will give you the emotional and legal support and guidance you need.