Jeremy Epstein Law, LLC
Serving Clients Throughout Southern Louisiana
Call Today 504-434-5489

How estate planning factors into the divorce process

For many Louisiana residents, moving through a divorce requires a lengthy checklist of to-do items, many of which can be tedious. The divorce process can feel overwhelming, and it is not uncommon for spouses to forget to address various issues that relate to their divorce. When it comes to life insurance, however, it is very important for spouses to make the appropriate changes to ensure that their final wishes are adhered to.

Failing to change one's beneficiary designation can have serious repercussions to loved ones who are left behind. Many states have laws that dictate how a life insurance policy will be handled in the event of a divorce. However, these laws can change over time, or a move could place an estate in a different jurisdiction with vastly different laws. That is why it is critical to make and desired alterations during or shortly after the divorce process.

When a Louisiana resident does not change his or her beneficiary designation, there is a risk that a former spouse could inherit a life insurance benefit. Other surviving loved ones can certainly challenge that in court, but doing so can be stressful, time-consuming and expensive. The best way to protect loved ones and ensure that one's policy is paid out to the appropriate party is to make sure that the proper beneficiary is named as the divorce process moves forward.

Tackling all of the tasks associated with the end of a marriage can be a challenge, which is why it is so important to work with a qualified divorce attorney throughout the divorce process. By having a trusted advisor to guide a Louisiana spouse through the ins and outs of divorce, individuals can walk away secure in the knowledge that all important matters have been properly handled. That can make it far easier to focus on building a new future and seeking happiness in the years to come.

Source:, "Divorces Can Be Messy - For Life Insurers", Charles J. Vinicombe, April 18, 2017

No Comments

Leave a comment
Comment Information