Experienced Attorneys For Estate Issues During A Divorce
Going through a divorce in North Carolina can be overwhelming, with many people understandably focused on immediate concerns such as child custody, property division and spousal support. However, it’s crucial to consider how a separation or divorce can impact your estate plan.
At Bull & Reinhardt, PLLC, we provide comprehensive legal guidance in Asheville and throughout Western North Carolina to help protect your estate during this critical time. With over 60 years of combined experience, our attorneys offer the knowledge and personalized attention necessary to handle both divorce and estate planning complexities effectively.
How Separation Can Impact Your Estate Plan
A legal separation or divorce can significantly affect your estate plan, potentially altering how your assets are distributed and who can make decisions on your behalf. In North Carolina, if you pass away during a separation or divorce, the division of your property could be drastically impacted, potentially leaving your estate vulnerable to claims by your soon-to-be ex-spouse. Additionally, beneficiaries named in your will, trusts and insurance policies may no longer align with your wishes after divorce proceedings begin.
It is critical to address these issues early in the separation process to make sure that your estate plan reflects your current intentions and minimizes any risks to your assets.
What Documents May Need To Be Updated?
Several key estate planning documents may need to be updated during or after a divorce to make sure your wishes are honored. Changes in marital status often necessitate revisions to essential documents, as your spouse may no longer be the appropriate person to manage your affairs or receive your assets.
Consider updating the following documents:
- Power of Attorney
- Health Care Directive
- Trusts
- Wills
- Beneficiary designations on retirement accounts and life insurance policies
These updates, guided by a knowledgeable lawyer, can protect your assets and provide clarity during what may otherwise be a tumultuous time in your life.
Speak With A Knowledgeable Divorce And Estate Planning Attorney Today
If you are going through a separation or divorce in North Carolina, it’s important to consult with an attorney who understands both family law and estate planning. At Bull & Reinhardt, PLLC, we are here to assist you through the process and protect your interests. Contact us today at 828-254-0499 to schedule a consultation or fill out our online contact form.