There are a wide variety of issues that couples often have to work through when they end their marriage and in the wake of their divorce. From financial matters such as property distribution, child support payments and alimony to custody disputes and parental relocation, divorce can be a tricky time for many people. Moreover, there are other issues that may need to be closely examined when a marriage is terminated. For example, someone who has an estate plan may need to make revisions once their marriage has been brought to an end.
Each day, people across the U.S. are injured on the job. Whether they are hurt while working in a field that is often recognized as dangerous, such as the construction industry, or sustain a work-related injury while working in an office, the consequences of work accident can be devastating. Moreover, these accidents can have an impact on workers in many other ways. For example, it may affect their estate plan.
We understand that parents who are struggling with child support may be facing numerous challenges in their daily lives, from a financial and even an emotional point of view. While it can be difficult to work through these matters, especially for someone who already feels too stressed out with daily life, it is crucial to prevent additional complications from arising. For example, someone may need to take a second look at their estate plan as a result of child support issues.
When it comes to estate planning, many different factors may need to be considered, such as the way your assets will be divided between your loved ones and the type of estate plan that suits your needs best. It is also important to bear in mind that unexpected life events, such as the end of a marriage or the birth of a child, can have a significant impact on an estate plan. Moreover, if you are involved in an auto accident, there are a multitude of reasons why you may need to go over your estate plan and make changes.
If your marriage recently came to an end or you are in the early stages of the divorce process, a wide variety of legal issues may be on your mind, from how your property will be divided to how you will adjust to life without your spouse. If you have children, this can be an especially challenging time. Moreover, there are a number of financial concerns you may have, such as how you can help protect your child’s financial future as a single parent. For some, setting up a trust is an excellent way to accomplish this.
Our law firm has addressed some of the challenges that may arise with regard to estate planning, from reviewing your estate plan after a divorce to deciding which one is right in the first place. With that said, there are far more issues to take into consideration if you are setting up an estate plan, some of which may be unique to your personal circumstances and those involving your loved ones. For example, decisions that are made regarding a will or a trust could lead to hostility and arguments within a family.
When creating an estate plan or taking a second look at an existing estate plan, people may have various questions. For example, some may wonder how child support obligations will affect their plan or beneficiaries. As with all estate planning issues, it is essential to make sure that the most practical course of action is identified.
When two people decide that it is time to bring their marriage to an end, their lives may be changed in all sorts of ways. Often, divorce can lead to a fresh start, especially for those who may not have been happy in their marriage. However, there are also various legal issues that may need to be assessed, such as the way in which divorce will affect an estate plan. Sometimes, people decide to get married to someone else after they have split up with their previous spouse, in which case they may want to add their new spouse to the estate plan.
Once you have decided to begin drafting your estate plan, you may notice that the term "estate planning" is actually a culmination of important things. Identifying critical components of your plan that require your immediate attention and which can wait temporarily, is a matter of deciding what is most important to you. At Curley Law Firm LLP, we have helped many people in Massachusetts to put together and finalize an estate plan that is legally binding.
In life, there are many positive and negative changes that may occur which can have an impact on someone’s estate plan. For example, when a child is born, a married couple decides to end their marriage, or major financial changes take place, going over an estate plan may be necessary. However, there are other life changes which can affect estate plans, some of which are completely unexpected, such as a car accident. If you were recently involved in a crash or one of your loved ones is struggling with the consequences of a traffic wreck, it might be a good idea to take another look at your estate plan.