If You're Getting Divorced, Update Your Estate Plan

By: Christine Fletcher, Contributor Forbes.com Divorce is not easy. It’s not only a difficult time emotionally, but you also have a lot to do and many decisions to make. I am going to add one more task to your “to do” list. You need to address your estate plan. It could be the plan deep in your filing cabinet that you and your current spouse executed 10 years ago or the one you never got around to signing. Either way, take care of it now. While the divorce is ongoing, your current spouse has certain rights. You want to make sure you meet your legal obligations to your spouse while exercising as much control over your assets as possible. If you die or become incapacitated prior to the divorce

Estate Planning is More Crucial if You Are Single

By KAITLIN PITSKER, Staff Writer (Twitter: @k_pitsker) June 7, 2018 From Kiplinger's Personal Finance If you’re unmarried and childless, you need special strategies for retirement saving, health care and estate planning—and a support network you can call on. Aging presents uncertainties for everyone, but single, childless seniors are missing the backup that many people take for granted: a spouse or adult children who can step in when needed. Many of the usual basics of saving, investing and long-term financial planning apply to those aging without a life partner or adult children, but they also need special strategies for retirement saving, health care and estate planning. Read the full a

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