If you are recently divorced or nearing the end of your divorce process, you might want to start by checking off everything on your post-divorce to do list so that you can finally move on and focus on yourself.

Once the divorce is nearing the end, you probably want nothing more than to move on from it and think about anything else. The fact of the matter is that even once the divorce is over you will still have a long list of financial housekeeping items related to the divorce. Below is a list to help you remember some of these items to take of (to the extent they are applicable to your situation) so that you can work towards turning the page and beginning a fresh new start.

1. Remove your husband’s name and UPDATE all of your financial documents, credit cards, utility bills, medical records, employment records, passport, driver’s license, auto, health and homeowners insurance policies, IRS records, Social Security Card, Title to real property and any professional licenses to reflect the following changes in your basic information, to the extent applicable:
a. Name change b. Address change c. “Single” status instead of “Married”
d. New trustee
2. Update your beneficiary designation on all life insurance plans, IRAs, 401(k), mutual fund accounts, bank accounts, brokerage accounts, etc. (if your ex-spouse is your current primary beneficiary and you want someone else to be designated as the beneficiary upon your death).

3. Revise your will: you will likely want to revise your will to take your ex-spouse off and designate others to inherit from you. If you are removing your ex-spouse, who was also designated as your Executor then you will also need to choose a new Executor of your estate.

4. Research health insurance options.

5. Think about changing your “Emergency Contact” where applicable if your ex-spouse is currently listed as your only person to contact in case of an emergency.

6. Obtain a certified copy of your divorce decree: to make many of the changes listed above you might be required to produce a certified copy of your divorce decree. Try to obtain extra copies early on so that you don’t have to delay the process of checking off items on your to do list.

7. Close joint credit cards and open new bank accounts and credit cards in your name so you can start establishing your own credit history.

8. Talk to a Financial Adviser to start planning for your financial future.

The list of things to change and update post-divorce can be overwhelming. The best way to approach your to do list is to take a look at all the documents you were required to produce during your divorce proceeding and then attack it one at a time. Your Schedule of Assets and Debts that was prepared during your divorce should have a comprehensive list of the accounts that you should think about updating.

Contact us today if you are contemplating a separation, curious about the divorce process, or simply want to schedule a consultation so that you can get to where you are ready to attack your post-divorce to do list. Nancy J. Bickford is the only lawyer in San Diego who represents clients experiencing divorce, who is a Certified Family Law Specialist (CFLS) and who is actively licensed as a Certified Public Accountant (CPA). Don’t settle for less when determining your rights. Call 858-793-8884 from all areas of San Diego County, including Encinitas, Escondido, Vista, and beyond.

www.bickfordlaw.com