No one plans to divorce when they get married. People expect that they will communicate, work out their problems, and move forward together. But in reality, it does not always happen that way. Sometimes, divorcing is the best decision for your own mental health, and for the well-being of people around you who may be exposed to an unhealthy or hostile marriage.
The Importance of Hiring a Divorce Lawyer in Maryland
Ending a marriage often comes with feelings of disappointment, regret, and anger. However, although you may be working hard to process the emotional and practical changes that come with the territory of divorce, it is important to remember to protect your interests and update your estate plan. By hiring an experienced Towson divorce lawyer, you can trust that your financial interests are being looked after, so you can focus on what is important: healing and moving forward.
A divorce lawyer can help you tie up loose ends after your divorce has been finalized. Once a divorce decree has been approved and a judgment is rendered, you should update all your legal and estate planning documents. However, it is important to ensure that all changes are in accord with your divorce decree. For example, if as part of your divorce settlement or decree, you agree that your ex-spouse will remain the primary beneficiary of a substantial life insurance policy, you cannot change the designation on the policy.
Make Sure to Update Beneficiary Designations
If you fail to update your beneficiary designations on your pension plan, when you pass away, proceeds could go to your ex-spouse and their new family, instead of your children or other family members. Even if you update your will and make clear that your children are to inherit everything, if you do not change the policy designation on each specific plan and account, things will become complicated. Your ex-spouse could end up with everything, or your children will end up having to fight to inherit what is rightfully theirs.
Towson Divorce Lawyers at Huesman, Jones & Miles, LLC Help Divorcees Update Important Legal and Estate Planning Documents
If you have recently gone through a divorce in Maryland, it is important that you take the time to update your legal paperwork and estate plan right away. We can never predict when things will happen, and it is essential—for your heirs and children—that you are prepared and ready. To contact the experienced Towson divorce lawyers at Huesman, Jones & Miles about issues relating to divorce in Maryland, call us at 443-589-0150 or contact us online. With offices located in Hunt Valley, Pikesville, and Towson, Maryland, we serve clients in Baltimore County, Harford County, Carroll County, and Howard County, including Towson, Essex, Columbia, and Bel Air.