Sharon Ravenscroft Estate Planning Blog
Are you a newlywed?
Newlyweds, who lived together for some time before marrying, might already have estate planning documents which include each of the couple. Nevertheless, the prior documents should be updated to reflect the marriage. Community property laws can change the manner in which estate is applied. The status or description of children or relatives could need updating. If your spouse is described as a girlfriend or boyfriend, as opposed to a wife or husband, then those relying on your documents might get confused as to whether the documents are applicable. The result could be a delay in getting the financial or health care access that is needed.