Wisconsin divorce attorneys should consult with their clients about the potential of redrafting any existing health care powers of attorney or financial powers of attorney. If a client is going through a contentious divorce, that person should consider whether or not he or she wants his or her spouse making life decisions regarding health care and financial management. The answer may well be no. It is incumbent upon Wisconsin divorce lawyers to advise clients to review powers of attorney, beneficiary designations, life insurance, trusts, etc., in anticipation of divorce. While some courts do not allow beneficiary modifications during the divorce process, the issue must at least be addressed in order to provide clients with sufficient information to make well-reasoned planning decisions.
©2017 Vanden Heuvel & Dineen, S.C. All Rights Reserved.