INTRODUCTION
The unhappy truth about marriage is that 2.5 million of them end in divorce each
year. For first marriages, this typically happens somewhere around the 11th anniversary.
If youre married or you have children or other heirs who are married, perhaps
youve considered the effects that divorce could have on your life, the
holdings in your estate, and mutual family members. If so, youve done more
thinking than most. This report can help familiarize you with some important concepts
about being prepared for divorce, should it come your way.
Most people dont consider the types of changes that can occur when the
specter of divorce enters their lives or the life of an intended beneficiary.
But as you might imagine, divorce makes it that much more important to have
legal affairs updated and reviewed. Without strict planning, a divorce could
have devastating consequences on your family.
Unfortunately, the sky-high divorce rate continues to rise in America. And
its important to acknowledge this reality. Although emotional upheaval
may seem difficult as a result of a divorce, the hard work associated with returning
your life to normalcy doesnt end with divorce. Its important to
know how divorce dramatically effects your estate plan.
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