Divorced Adults

Divorce changes everything, your finances, your family structure, your future. And if your estate plan was created during your marriage, there is a good chance it no longer reflects your wishes.

Old beneficiary designations, outdated powers of attorney, and joint trusts that no longer apply can create serious problems if they are not addressed. The last thing you want is for an ex-spouse to inherit your assets or make medical decisions on your behalf because your plan was not updated.

Robin White helps divorced individuals across the Memphis area take control of their estate plans and start fresh. Whether your divorce was recent or you have been putting it off for years, Robin will help you review what is in place, identify the gaps, and build a plan that reflects your life as it is now.

Why Updating Your Estate Plan After Divorce Is Critical

Tennessee law may automatically revoke certain provisions related to former spouses, but it does not cover everything. And relying on the law to sort it out is a gamble you do not want to take. After a divorce, you should:

• Update or replace your Last Will and Testament to reflect your current status and your current wishes.
• Review and revise all trust documents, especially any revocable living trusts created during your marriage.
• Change beneficiary designations on life insurance, retirement accounts, and financial accounts.
• Appoint new powers of attorney for financial and healthcare decisions.
• If you have children, establish or revise guardianship designations and any trusts that protect their inheritance.
• Reassess your overall estate strategy in light of your new circumstances.