Episode Details
Back to Episodes
Estate Planning During Divorce: What You Must Update with Attorney Mindy Stern
Description
In today's episode, I'm sitting down with Mindy Stern, an estate planning attorney, for a crucial conversation about protecting your financial future when everything in your life is changing.
Mindy breaks down why divorce is a significant end that requires a fresh look at your entire universe of estate plans (will, trust, etc.). We dive deep into the practical steps you need to take and the common mistakes that could cost you dearly if you wait too long.
What we cover:
- When to start the process and why timing is critical during divorce
- The 4 biggest mistakes people make with estate planning during divorce
- Key documents to update including wills, trusts, and beneficiary designations
- Guardianship decisions for minor children and why this can't wait
- Powers of attorney updates when your spouse can no longer make decisions for you
- Tax implications you need to consider before making changes
If you're going through divorce, the idea of having to update your estate planning documents can make you feel like burying your head in the sand. Don't stress - this episode is exactly what you need to hear to motivate you to get it done.
Want more resources? Check out my blog, grab my free "24 Questions to Ask A Divorce Attorney" guide, or sign up for my free 4-Email Divorce Prep Series for a step-by-step roadmap before you meet with an attorney.
Need personalized help? Book a free 15-minute call or subscribe to my newsletter for weekly tips.
The Divorce Planner podcast is for educational purposes only and does not constitute legal or financial advice. Consult qualified professionals about your situation.
Podcast Original Music, Editing, and Mixing by: Benjamin Robinson