Designating Beneficiaries and Texas Divorce: What You Need to Know
Divorce can cause unexpected changes to who inherits your assets in Texas, and failing to update your beneficiary designations can lead to financial and emotional turmoil for your loved ones. However, with a little proactive planning and legal guidance, you can protect your legacy and ensure your assets go to the right people. This comprehensive guide provides essential tips and considerations, real-life examples, and answers to frequently asked questions. By taking the time to review and update your beneficiary designations, you can tidy up your financial “closet” and give yourself peace of mind for the next chapter of your life.