When you go through a divorce, it’s essential that you review and make necessary ownership changes to your bank accounts, credit cards and loans as well as adjustments to your insurance policies. However, it’s also crucial when you divorce that you review and make changes to your will, trust and other estate planning documents.
If you don’t currently have a will, trust, advance medical directive and other estate planning documents, as a newly-single person, this the time to do it. They codify your wishes for after you die or can no longer make decisions for yourself,
At our Louisiana firm, we handle estate planning as well as divorce and other family law issues. We know the importance of having an estate plan. It will help ensure that your children are cared for and that your assets go to the people and/or organizations you choose when you die. It can help ensure that a business stays within the family and help prevent disputes and court actions.
Other estate planning documents such as an advance medical directive (also known as a “living will”) codify your wishes regarding medical and end-of-life care if you are no longer able to speak for yourself. This can help minimize uncertainty and battles among loved ones at a difficult time.
Each of our clients’ needs are unique. That’s why we sit down and thoroughly review what their concerns are and what they most want to protect. We help them determine which documents are necessary to accomplish that.
Tragedy can strike someone at any age. Having an estate plan in place and (just as importantly) keeping it up-to-date as you and your family go through life changes will give you greater peace of mind. Call us or contact us online to arrange for a consultation to find out how we can help you.