Written by Greenberg Traurig, LLP & originally published in AALU Washington Report
While traveling the road to divorce court, it may seem as if you are immersed in a dense fog. Questions race through your mind, and you fervently try to create a mental checklist. One issue that demands attention is legacy planning – and all it encompasses. Like health insurance. And pension plans. Can you make changes now? Time may not be on your side, as not everyone has the luxury of making pre-divorce changes. Once a petition is filed, automatic temporary restraining orders (TROs) are imposed on both parties. This is a safeguard to maintain the financial status quo and protect the rights of each spouse.
Certain actions may be taken without restriction, while other steps require spousal or court approval. The published article is packed with valuable information, including a helpful chart, that will guide you as you chart your new journey. Find out what options are available to you.