Law Office of Randy Michel
College Station, TX
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Your heirs, estate planning and divorce

When creating your estate plan, it is important to spend the appropriate amount of time choosing your heirs. For some, this is a simple process. They leave everything to their spouse and/or children. Others, however, face a variety of questions along the way.

Here is something to consider: the divorce process can turn your estate upside down. While everything is fine while you are married, once you go through divorce, you need to rethink your situation.

Answer this question: do you still want your former spouse to receive your assets upon your death? While some people may answer yes, they are few and far between. Most understand that this is no longer in their best interests.

There are strict guidelines in place in regards to wills, trusts and other estate planning documents. You need to know how your situation will be impacted if you go through divorce. Do you know how to revise your will? Do you know when it makes sense to change your life insurance beneficiaries? Have you considered how your power of attorney and other directives will be impacted?

Going through divorce will turn your life upside down. While you have a lot going on, you don't want to overlook your estate plan. Don't put this off. You need to make the necessary changes right away.

You have the right to choose your heirs. If you need to make a change after divorce, make note of what you have done in the past and what makes the most sense in the future. You can learn more about this process on our "College Station Estate Planning Attorney" webpage.

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Law Office of Randy Michel
232 Southwest Parkway East
College Station, TX 77840

Phone: 979-314-2965
Phone: 979-764-2435
Fax: 979-764-2436
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