Health & Life Insurance Changes Attorney in Salem, Massachusetts

Changes To Health And Life Insurance After Divorce

We understand complex insurance issues related to divorce. We can evaluate your situation to help determine the best course of action.

Coverage Issues in Massachusetts

When minor children are involved in divorce, life insurance coverage is often straightforward. Courts typically order life insurance to be maintained for both parents, until the children are emancipated. This helps ensure that the death of a parent — especially the parent responsible for child support or spousal support — does not place a child in serious financial hardship.

In Massachusetts, divorce does not necessarily affect health insurance coverage. You may be required to maintain your ex-spouse’s health insurance benefits post divorce. And, as long as you or your ex-spouse is not self-employed, an employer must maintain the divorced spouse’s health insurance benefits. It is critical to discuss your current coverage with a lawyer to help safeguard your interests.

Estate Planning Issues

It is crucial to review and change your life insurance beneficiaries after divorce. A qualified attorney can explain the consequences. We can go beyond the consequences and help you establish a sound estate plan.

We have more than 15 years of experience establishing estate plans. We understand how improper planning and documentation can affect high net worth divorce and other financial situations. We can discuss and review your concerns. We can then put together a sound estate plan, including wills, trusts, powers of attorney and health care directives.

We also understand the importance of protecting your minor children. Effective estate planning can help ensure your minor children’s interests are protected through trusts and other documentation. Without proper planning, your minor children and/or ex-spouse could gain control of property or assets.

Free Initial Consultation

Contact us today for a free initial consultation concerning your health and life insurance policies.