Divorce is a significant life event that prompts many changes, both emotionally and legally. One crucial element that should not be overlooked is updating your will and estate plan. After an Illinois divorce, your previous arrangements may not reflect your current wishes and circumstances. Engaging your divorce attorney’s help can ensure that all necessary changes are made to protect your assets and properly provide for your loved ones.
Why Updating Your Estate Plan Post-Divorce is Essential
Divorce means that the relationships and circumstances considered when drafting the original will and estate plan have likely changed. It is important to update these documents to reflect what your current wishes are. For example, if your ex-spouse was named as a beneficiary or executor, you might want to remove or replace them with