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Financial Planning / Tax Strategies


Subject:  Re: Marriage Penalty Returns Date:  1/20/2013  4:12 PM
Author:  TMFPMarti Number:  117438 of 127547

Once divorced, you would not be able to make decisions for the other partner when that person could not make decisions for themselves.

That reminds me of another thing for the "to do" list--retirement accuont beneficiaries. While administering a thrice-divorced friend's estate I learned that one retirement account he had didn't honor ex-spouses as beneficiaries unless the designation had been made after the divorce.

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