The Estate & Asset Protection Law Firm Owner, Shannon Pawley, Talks About Estate Planning Actions That Can And Cannot Be Taken Before A Divorce Is Final.
Estate & Asset Protection Law Firm Owner, Shannon Pawley, discusses delays in divorces due to the pandemic along with offering up important information about changes that can and should be made to wills and estate plans before a divorce is finalized.
DECATUR, GA, January 21, 2022: Shannon Pawley, Owner of The Estate & Asset Protection Law Firm, has posted a new article on the law firm’s website entitled “D.I.V.O.R.C.E And Estate Planning.” Ms. Pawley suggests tending to estate plan changes as soon as possible.
Pawley writes, “I came across an article posted last September in which it was stated that a survey conducted by the Institute of Family Studies found that 34% of married people reported the pandemic had stressed their relationship. https://www.fox43.com/article/news/local/post-pandemic-divorces/521-8cfca196-3aec-4e47-b831-02662fa8f17d So,” she continues, “it’s no surprise that divorce lawyers are busier than ever. However,” Pawley adds, “getting a divorce is getting to be challenging during the pandemic because more courthouses have been closing which is causing even uncontested divorces to drag on and on. That can spell disaster for some couples.”
“If you are going through or considering a divorce, like so many couples of every age are today, thanks to the pandemic,” Pawley contends, “one thing you’ll want to attend to sooner rather than later is updating your estate plan – if you have one. And, if you don’t have one, here’s something to consider. Keep in mind that you are by law legally married until a judge signs the final divorce decree. So,” she adds, “if you were to pass away before the divorce is final, your ex may be entitled to your estate if you haven’t made an estate plan.” She emphasizes, “If you do have an estate plan that mentions your soon-to-be ex, your final wishes are likely different today than they were when the plan was first drawn up.”
According to Pawley, “One thing you can and really should change before a judge signs the final divorce degree is your Advanced Health Care Directive if you don’t want your soon to be ex making critical care decisions on your behalf if something were to happen to you.” She adds, “Likewise, if you don’t want your spouse to be making decisions on your behalf should you become incapacitated before the divorce is final, you must change your durable Power of Attorney. You’ll want the person you assign to be someone you trust and who has some experience handling financial matters. It could be an adult child, sibling, parent, CPA or financial advisor.”
The entire article can be read at LINK HERE
About The Estate & Asset Protection Law Firm
The Estate & Asset Protection Law Firm was established to serve the legal needs of retiring citizens. The Firm focuses its entire practice on providing strategies to protect independence, privacy, assets and taxes from the government. Shannon Pawley has grown her law practice by providing excellent customer satisfaction with personalized wealth protection plans.
About Shannon M. Pawley, J.D., LL.M
As the owner of The Estate & Asset Protection Law Firm, Shannon M. Pawley and her entire team share a passion which focuses on being able to serve the legal needs of retiring individuals. In our firm, WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability. We also believe that privacy and protection are the keys to personal peace. Born and raised in the Tidewater area of Virginia to a tightknit family with strong military service roots, Shannon learned from an early age the value of hard work and the importance of social awareness to ensure you always leave a situation in a better place than how you entered it. In her junior year of high school, Shannon served as U.S. House of Representatives Page during the 101st United States Congressional Session in Washington, D.C. This experience exposed her to numerous new cultures and worldly issues. Walking away from her experience as a U.S. House of Representative Page, Shannon knew that she wanted to pursue legal studies and be able to assist others in obtaining the best results available in difficult situations.
Shannon earned her undergraduate degree at North Carolina Wesleyan College and pursued a law degree from Michigan State University College of Law. After obtaining her law degree and becoming a licensed attorney in Michigan, she continued her educational pursuit by acquiring a LL.M. (Master of Law) in Taxation from Wayne State University. After moving to Georgia in 2018, Shannon obtained her Georgia law license and has enjoyed being able to pursue her desire of ensuring persons are able to age with dignity, grace and independence.