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March 2017 Archives

Getting a divorce? Check your 401(k) beneficiary designations

There are a lot of things you need to consider when going through a divorce, but one issue is a detail that a lot of newly single divorcees forget. This potential problem relates to the beneficiary designation on your 401(k), IRA and other insurance and investment accounts.

3 considerations when updating an estate plan after divorce

Your estate plan is something that you can personalize as you see fit. Even if you already have an estate plan made, you must update that plan if you get a divorce. This ensures your loved ones know your wishes for when you can't convey them yourself. You probably know that you should divide up your assets when you make the plan. There are also many other things that you should consider when updating your estate plan after a divorce.

Law Office of Michella K. Melton
6190 Virginia Pkwy, Suite #300
McKinney, TX 75071

Phone: 214-449-1900
Fax: 214-544-9040
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