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Changing your power of attorney due to divorce

On Behalf of | Sep 26, 2018 | Estate Planning |

Bringing a marriage to an end can have an impact on someone’s life in many ways. For example, their relationship with their children may change, whether they spend more or less time with their kids. Or, they may relocate to a new city or state, struggle to adjust to the single life or have a number of questions related to post-divorce legal matters such as child support. However, it is important to be aware of some other responsibilities that you may have in the wake of a divorce filing, such as changing your power of attorney.

Even though you may be focused on other divorce issues such as property division, custody and so on, it is vital to handle any estate matters that need to be addressed as well. You may need to change your power of attorney, especially if you gave your spouse these powers. Moreover, if your divorce was less than amicable, it may be especially concerning for your former marital partner to have access to key aspects of your life, such as your bank accounts. You may also want to change your power of attorney if you turned to one of your spouse’s relatives for help in this regard.

You might have many questions when it comes to changing your power of attorney, and this is completely understandable. You should try to do what you can to lower your stress levels and making these necessary changes in a timely manner may help you do so, which is especially important if you recently went through a difficult divorce.

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