Thursday, May 2, 2013
Intro to My Blog
You’ve just completed your divorce. Maybe it was easy and non-confrontational or maybe it was the equivalent of legal root canal. Either way, it’s over and you’re ready to move on with life, ready to regroup and ready to get yourself in a better place. As with other major turning points in your life, now is the perfect time to consider making or revising your Estate Plan.
In case you need to know, an Estate Plan is generally composed of a Will, a Trust, Powers of Attorney and an Advanced Healthcare Directive.
If you had an Estate Plan when you were married, your divorce should have cancelled any spousal rights you and your ex had in each other (California Family Code §2024). However it is always better make cancellations expressly and not rely upon the Courts to get it right after you have gone. Best way to do that is to do a new Estate Plan.
After your divorce, you may have things such as a house, banks accounts, stock accounts, retirement accounts or anything else that your got or fought for, and at this very moment in time, you know exactly what you have and where it is. It should all be in your Court Papers. Remember the Disclosures? Remember the Marital Settlement Agreement and/or Judgment. That’s your shopping list! This is the best time to create a plan for the future use, control and disposition of what you have, and the list couldn’t be much easier to put together.
In the days that follow, I will give you more reasons to create, review and revise your Estate Plan. However, if you are interested in learning more about an Estate Plan, Wills, Trusts, Advanced Healthcare Directives, or Divorce, Custody, Visitation, Child Support, Spousal Support, Property Division, Modifications, Remarriage, or Pre-Nuptial Agreements, and you live in Santa Clara County or thereabout, please contact me at firstname.lastname@example.org, or through my other websites, www.fcbegun.com, or www.linkedin.com for Fred Begun.