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Estate Planning for Special Situations

Part of the Estate Planning For Dummies Cheat Sheet

Even the most orderly estate plans can fall victim to some unforeseen event. To put together a thorough estate plan, take a look at situations that may occur and find out the necessary information for dealing with them.

  • If you're in the process of getting a divorce, you have a lot on your mind. But you also need to look at how your divorce will affect your estate planning. Chances are the answer is "a lot!"

  • Part of your estate planning must deal with the possibility of becoming incompetent — unable to take care of yourself. Prepare now, just in case.

  • If you have pets, you need to specify how you want your pets taken care of after you die.

  • Unmarried couples, either opposite-sex or same-sex, need to pay special attention to each person's estate planning. Otherwise, problems almost always occur when one partner dies before the other.

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