7 Estate Planning Must Knows After A Life Change - Divorce, Widowed, Remarried

PALM BEACH GARDENS, Fla. - Nov. 4, 2015 - PRLog -- Life is a journey. And sometimes on that journey there are bumps in the road... changes that occur such as remarriage, divorce, or widowed.  And when these changes occur it's often easy to forget to think of your future as it relates to estate planning.

Doug Davenport of Weiss Education Services highlights 7 critical questions prudent investors should know after major life changing events to ensure their assets get allocated where it's supposed to go.

According to Davenport, "After a life changing event, it is absolutely critical that you ensure your assets are distributed to a current spouse and not an ex, AND that your children and stepchildren are treated according to your wishes."

Davenport continues, "Working through these details can not only avoid future estate planning hassles but also help maintain healthy relationships between all parties involved"

Some important questions to ask include:

• After you pass on, what do you want to happen you?
• Who should make decisions for you?
• Regarding children, who will take care of them/provide for them?
• Who will be elected guardianship for minors?
• How are you going to care for the suriving spouse?

To view the full list of questions, please go to http://www.weisseducation.com/blended-families-the-estate....

Davenport concludes, "Planning not only gives you peace of mind about what will happen to your assets when you’re gone but also allows you to preserve the peace with loved ones now."