Financial issues after divorce

Your divorce is finally over and you are faced with a new life – one that includes handling your own financial matters.  One word comes to mind:  Help!

So much has to be done – refinancing your home, taking your spouse’s name off your car, your benefits and pension at work.  What about changing the names on your credit card accounts, gym membership?  These are all items mentioned in the divorce papers.

One issue that isn’t mentioned in your papers is changing where your assets will go when you die.  You obviously no longer want them to go to your former spouse.  Don’t put this off.  This is no time for procrastination.

Make a list of what needs to be changed right away, including:

·     Retirement plans

·     Life insurance

·     Your will

·     Appoint a power of attorney for your finances, health issues later on

If you need help changing the beneficiary on the above or do not know where to start, contact an experienced Orange County Family Law attorney who can guide you in the right direction – a direction that will help you move on with your life.