Divorce

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Revisiting Your Will After a Life Event

2020-07-06T23:48:08+00:00

Whether it’s retirement, the birth of a grandchild, or the death of a loved one, any major life event should have you look at your will with fresh eyes. Oftentimes, people prepare their will, put it away, and never revisit the document. But life changes, and with each of these changes, you should revisit your will and testament.  Retirement and new priorities When you retire, you often gain perspective on your career and your future. It is not uncommon for people to enter retirement totally out-of-touch with their priorities when they were at the beginning of their careers. Revisiting your [...]

Revisiting Your Will After a Life Event2020-07-06T23:48:08+00:00

Why Review Your Trust – A Tale Of Caution

2020-06-29T22:01:32+00:00

Why Review Your Trust – A Tale Of Caution Hi there, Bridget Mackay here with the offices of Bridget Mackay in Petaluma, California. We work in estate planning and elder law. And today I want to talk about a tale of caution. It has to do with divorce and trusts. In this tale of caution, we knew someone who had created a trust, not with us but with someone else. And he did it during a time that he was married to his wife of 25 years. In the trust, he disinherited his two natural children. Not only once [...]

Why Review Your Trust – A Tale Of Caution2020-06-29T22:01:32+00:00

What Happens To Your Trust While Going Through A Divorce?

2020-06-29T22:03:03+00:00

What Happens To Your Trust While Going Through A Divorce? Hi, there. Bridget Mackay from the law offices of Bridget Mackay. I do estate planning and elder law in Petaluma, California. Today, I want to talk about a question I had from a client the other day who's getting a divorce. We did a trust for them. The question from the client was, "Can I just go and do a separate trust and transfer all my assets in there?" Well, when divorce and estate planning collide, there are some yes and no to those questions. Number one, until your [...]

What Happens To Your Trust While Going Through A Divorce?2020-06-29T22:03:03+00:00

Getting Divorced? Update Your Estate

2020-06-29T22:53:50+00:00

Getting Divorced? Update Your Estate When caught in the maelstrom of divorce, it’s easy to let your estate planning go by the wayside. But as you embark on this new chapter of life, it’s crucial that you rewrite your estate. Otherwise, when you die, your assets could go to people no longer of your choosing – including your ex. Following are key steps to take to update your estate plan to reflect your current wishes. 1. Rewrite Your Will (tear up the old one) Name new beneficiaries If you made a will while you were married, you probably left everything [...]

Getting Divorced? Update Your Estate2020-06-29T22:53:50+00:00

What Happens to You Estate Plan After a Divorce?

2020-06-29T22:57:28+00:00

What Happens to You Estate Plan After a Divorce? Hi there. My name is Bridget Mackay. I'm an estate attorney in Petaluma, California, serving Sonoma and Marin Counties. I practice in estate planning, trust administration, and elder law. Today I want to discuss what happens to your estate plan after divorce, or what can you do to protect yourself if you're going through a divorce and what you should do after. The sad fact today is that nearly 50% of all marriages end in divorce and only 5% of couples will celebrate their 50th wedding anniversary together. If you [...]

What Happens to You Estate Plan After a Divorce?2020-06-29T22:57:28+00:00