No one ever plans on getting divorced, but it is a fact of life that can happen to anyone. You may think that you have all of your affairs in order after your divorce. However, you should take the time to revisit your estate plan to make sure that it still does what you want it to. Under most circumstances, any provisions in your Will that leave property to an ex-spouse will be stripped from the Will. Your ex-spouse will not inherit from you. However, that leaves the question open as to who … [Read more...]
Who Gets My Property If I Die Without a Will?
If you're considering what happens to your property after you die, it's important to know that unless you take adequate steps now, your property may pass to those whom you do not wish to receive it. In some instances, the failure to create a last will and testament or other estate planning device can even lead to the state government inheriting your property. If you create a will, you get to determine who receives your property. You can choose anyone you wish, and are under no obligations to … [Read more...]
