Divorce

However you arrived here, divorce unwinds a life that two people built together: accounts, decisions, documents, and the assumptions baked into all of them. Going through them deliberately protects you and helps you step into what’s next on your own terms. And like every milestone, it’s not just the divorce, it’s all the stuff attached to it. And remember, every path is unique; these are suggestions, not advice.

Undo the “us” that’s woven through your documents

• Your old plan almost likely names your former spouse. This is how you change that.
• Update your Will so it reflects your life now, not the one you’re leaving.
• Revisit your Health Care Proxy and Power of Attorney, most people don’t want a former spouse holding either.
• Your attorney can help you update or dissolve your Living Trust or Joint Trust if you have either one.

Separate what was shared

• Update beneficiary designations on retirement accounts and life insurance, these override your Will, and an outdated one is a common, costly mistake.
• Separate joint accounts and credit, and keep credit-monitoring in place to catch anything unexpected during the transition.
• If retirement assets are being divided, that’s a specific legal process your attorney will guide.
• Update your digital accounts and shared subscriptions as streaming services, shared cloud storage, password managers, and joint email accounts are often overlooked.
• If your former spouse from any business-related documents, operating agreements, or professional accounts if applicable

Get your own coverage

• If you were on your spouse’s health plan, you’ll need your own, divorce opens a window to enroll.
• Revisit life insurance now that your circumstances have changed.

Steady yourself for what’s next

• A financial coach can help you rebuild a budget and plan around a single income.
• Divorce is hard on everyone; therapy and support can help you and your kids through it.
• A mediator or attorney is the right guide for the divorce itself.
• Store a digitial copy of your updated documents, the divorce decree, and your separated account information in your Gentreo Digital Vault.

You don’t have to do all of this at once. Update who can act for you first, then work through the rest, and Gentreo helps you handle it as you go.

More moving forward. Less untangling.

Gentreo is not a law firm or a substitute for a law firm or attorney or an attorney’s advice. Gentreo provides self-help services at your specific direction.