Categories: Life StyleRetirement

Divorced in Retirement? 20 Ways to Maintain Your Financial Independence

14. Update Your Financial Accounts

When you divorce, you should update your important financial documents as soon as possible. The most obvious accounts to update are any joint checking or investment accounts you have with your ex-spouse; however, you likely have more connections you’ll want to update than you imagine. Life insurance policies and retirement accounts have beneficiaries, and in many cases, your beneficiary is likely your ex-spouse. You’ll also want to look at things as basic as emergency contact cards.

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