Divorce changes more than your day-to-day life. It also affects your estate plan. In Georgia, a divorce can alter probate assets by law and may also impact non-probate assets, such as life insurance policies or retirement accounts.
What is a Revocable Living Trust?
A revocable living trust is created during your lifetime and can be changed or revoked at any time. Because it is flexible, you remain in control of how assets in the trust are managed and who benefits from them.
Does Divorce Affect a Revocable Living Trust in Georgia?
The short answer is that it depends. A divorce can influence the assets inside a revocable trust, but the trust itself does not automatically change. The terms of the trust control how assets are handled. If you want to update beneficiaries after a divorce, you must revise the trust directly.
Why Reviewing Your Trust Matters After a Divorce in Georgia
Without updates, your trust may not reflect your wishes. Many people going through a divorce overlook this step, which can cause serious issues later. Working with an attorney ensures that your trust aligns with your intent and avoids conflict between beneficiaries.
Speak With an Atlanta Estate Planning Attorney
If you are going through a divorce or have recently finalized one, now is the time to revisit your estate plan. At Thrift McLemore, our Georgia estate planning attorneys regularly assist clients in updating revocable living trusts after divorce to ensure their assets are protected and distributed according to their wishes.
Don’t let divorce leave your trust outdated or unclear. Call us today at 678-882-0830 to schedule a consultation with one of our experienced Atlanta trust attorneys.
