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Divorce Conversations for Women


Jun 8, 2018

When someone goes through divorce, there are so many aspects to assess, so many decisions to make. With all of the processes to go through, people tend to overlook their financial assets. Estate planning is one of the most vital financial assets to consider, but one that is usually left out.

Why exactly is estate planning a significant asset to check? It’s all about protecting your loved ones from a sudden change in assets. How do we set up an estate plan? What should we prepare for the plan? When is the right time to plan for it? Elizabeth Ruthmansdorfer, a Small Business and Estate Administration Lawyer from the firm Moertl, Wilkins and Campbell takes us through the whole process.

Elizabeth and I discuss:

  • Why women should take time in estate planning and what benefits it can have in the long run
  • What women should be doing when it comes to estate planning after the finalization of a divorce
  • What documents and records should be present when building up an estate plan
  • When should women be having an estate plan and what assets should be taken in consideration

Elizabeth emphasizes that major life advances are usually the time to make an estate plan. She shares the 5 D’s on estate planning, the right times to make your plan:

  • Death
  • Divorce
  • Disagreement
  • Disability
  • Decade

Resources:

Elizabeth Ruthmansdorfer’s book: Legal Empowerment for Women Through Estate Planning

Attorney Elizabeth Ruthmansdorfer

Moertl, Wilkins & Campbell - www.lawmwc.com

eruthmansdorfer@lawmwc.com

414-276-4366

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