Divorce can affect all aspects of your life. Once a divorce is finalized, you have taken a big step toward putting your affairs in order; divorce requires you to develop a clear understanding of your assets and liabilities.
However, the ripple effects will require you to address a number of other legal matters. For example, any estate planning instruments developed while married will likely require significant revisions following a divorce; for instance, a divorce revokes any existing will, thereby requiring a newly drafted will.
At the law firm of Arnson VanTol Law, PLC, in Grand Rapids, Michigan, we provide experienced legal representation for men. Following a divorce, we can help you develop clear estate planning documents to express your wishes and intentions.
Contact our office today to schedule a confidential consultation with one of our lawyers.
Providing Comprehensive Estate Planning Services for Divorced Men
A comprehensive estate plan consists of a number of estate planning instruments and legal documents, and serves multiple functions.
You may use a will to outline your intentions regarding asset distribution, and to name the person who will be responsible for administering your estate. By creating and properly funding a trust, you can ensure that your loved ones are protected financially, regardless of what may happen. Depending on your personal circumstances, a trust may help you protect your assets and allow you to avoid probate court.
A Durable Power of Attorney grants someone the legal authority to make financial decisions for you, in the event that you become incapacitated. A Heath Care Power of Attorney grants someone the legal authority to make medical decisions for you, should you become unable to communicate.
Following a divorce, these matters become particularly important. Decisions that may have once been left to your wife by default may now be handed to your parents or your children. To ensure that you have control over who will make important decisions, you must plan ahead.
For more information about our legal practice, or to discuss your legal concerns with one of our attorneys, contact us today.