• Florida Law Helps Fairly Address Post-Divorce Beneficiary Issues

    June 11, 2014

    In most marriages, spouses designate each other as beneficiaries when they set up life insurance policies, employee benefit plans and a variety of financial accounts. However, when relationships turn sour, many individuals do not put those beneficiary designations at the top of their priority lists. Until recently, Florida law retained those provisions, even if a former spouse died long after the ink dried on the divorce decree. Recognizing that former spouses no longer intend to provide for each other after divorce, Florida laws changed in late 2012 to help invalidate many unintended beneficiary designations. If you survive a spouse named in your will to inherit your assets, those assets generally pass to other beneficiaries when yo