One of the sunny sides to divorce is that an older, more mature version of yourself gets the chance to plan out your new future. Whether you are just beginning the process or you have come through the other side, your will and estate plan should reflect your new direction.
If you do not have a will, you are not alone. A recent survey shows more than half of American adults do not have a valid will. Either way, divorce provides you an opportunity to review and update your existing will, or establish a new one.
What to Include in a Post-Divorce Will
- Property. You will need to determine who receives your property. This is your fresh start. Dividing property can be problematic, however. If you have more than one child, what happens if one wants to sell and the other does not? An experienced estate planning attorney can walk you through a wide variety of options to help you in making informed decisions about your future.