How Divorce Affects Your Will
It’s important to update your estate plan after divorce. While there are laws in place to protect you from your ex-spouse when your divorce is final, it’s important to revisit your estate plan and make necessary changes.
Meet with an Estate Planning Attorney
Call 303-688-0944 to set up a free case assessment with one of our estate planning attorneys to discuss your estate plan after divorce.
Your Estate Plan After Divorce
How Colorado Law Affects Your Estate
A divorce decree from a Colorado court means your ex-spouse is automatically eliminated as a devisee. A devisee is a beneficiary of your will or your trust. It also bars your ex-spouse from serving as your personal representative or trustee when the divorce is final.
Despite legal protections, issues can crop up with your estate plan after divorce. That’s why it’s important to let an attorney review it and create a new one if necessary.
Potential Changes to Estate Plan After Divorce
You may want updates to reflect your new marital status. You may want to change your contingent beneficiary, or you may want to add other people to your estate plan.
Revisiting your estate plan after divorce can save you time and money. A skilled estate planning attorney will help you determine if you need to create new or update current documents. You may not need any updates. And that’s OK, too, as Colorado law makes it easy to leave your estate plan as it is.
With every change, whether it’s a divorce, a re-marriage, a new baby, or a blended family, it’s a good time to review your estate plan.
Schedule a Free Meeting
At our firm, we always offer potential clients a free initial case assessment. During this meeting, you’ll talk with a lead estate planning attorney who will provide some advice about how you may want to proceed. To set up the appointment, call 303-688-0944 or click here.