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What type of estate planning should I do after a divorce?
What type of estate planning should I do after a divorce?
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00:04
it’s always difficult after we’ve gone
00:06
through a divorce
00:07
unfortunately we need to make a new
00:10
estate plan
00:11
very often times we’ve named our spouse
00:13
as the executor
00:14
the beneficiary and the plan just does
00:17
not work anymore
00:18
especially if we have minor children
00:20
involved
00:21
i tell my clients all the time if you
00:23
don’t have an estate plan
00:25
and you have minor children the default
00:28
rules
00:28
is your assets go to your children and
00:31
if you’re not around to manage those
00:32
assets for your children anymore
00:34
who do you think the court is going to
00:35
appoint they’re going to appoint
00:37
your ex-spouse to manage the finances
00:40
because that’s the other surviving
00:41
parent
00:42
so estate planning after divorce
00:46
is very important for those different
00:48
reasons because we can
00:50
decide who’s going to control the assets
00:52
who’s going to be in charge of the
00:54
estate
00:54
and who’s where the assets are going to
00:57
go
Austin, TX estates planning & probate attorney Kyle Robbins talks about how to approach estate planning after a divorce.
