Updating Your Estate Plan After Divorce In Indianapolis
Under Indiana law, if you do not update your estate plan after a divorce in Indiana, your former spouse may still be listed in critical documents such as wills, trusts and power of attorney. This can leave your assets and your family’s future in the wrong hands.
Frangos Legal, LLC, understands that finalizing a divorce is a huge step to face alone. Our team works with individuals across Indianapolis and throughout Indiana to secure their estates for the next chapter. With over 30 years of combined experience, attorney David C. Frangos and his team bring discipline, compassion and proven strategies to guide you through estate planning post-divorce.
Helping Ensure Ex-Spouse Does Not Control Children’s Inheritance
For many parents, the greatest concern is making sure an ex-spouse does not control what children inherit. Without proper planning, Indiana’s default rules may allow your ex to take authority over your children’s finances.
Taking time now to set up trusts or name responsible guardians can prevent ex-spouse control of inheritance in Indiana and help protect children’s inheritance in ways that align with your wishes. Our firm can walk you through each option to secure your children’s future without interference.
Comprehensive Legal Services When Updating Beneficiary Designations After Divorce
Even after a divorce decree, beneficiary forms on retirement accounts, insurance policies and bank accounts often remain unchanged. This mistake is one of the most common and costly oversights people face. If you pass away without making updates, your ex may still receive assets you intended for someone else.
Common accounts that require attention include:
- Life insurance policies
- Retirement accounts (401(k), IRA, pension)
- Bank accounts with “payable-on-death” designations
- Investment accounts and annuities
By updating beneficiary designations after divorce, you help ensure your money goes where you want it to, whether that is to your children, new spouse or another loved one. Our Indianapolis post-divorce estate planning lawyers team will review each account with you so nothing slips through the cracks.
Let Us Help You Put The Right Estate Plan In Place
Frangos Legal, LLC, knows the thought of revisiting legal paperwork after divorce can feel draining. That is why we handle the process efficiently, compassionately and with a clear focus on your goals.
Our team is prepared to deliver straightforward solutions that fit your life today. Dial 317-348-2150 to schedule a low-cost initial consultation at our Indianapolis office.