Estate planning pitfall – You haven’t reviewed your estate plan since your divorce
Abstract: A divorce settlement typically takes care of issues such as jointly owned real estate, bank accounts and other property. But, if you’re divorced, is your spouse still a beneficiary of any life insurance policies, retirement accounts or irrevocable trusts? Is he or she still an agent for your health care issues, or have power of attorney for financial matters? These are reasons why you may need to review your estate plan.