When you are in the midst of a divorce, there is a lot of paperwork to do and many details to keep track of. Unfortunately, some details are frequently overlooked, and failure to attend to them can cause trouble years after the divorce has been finalized.
Estate planning is a good example. Individuals who draft an estate plan during their marriage often have their spouse listed as the primary beneficiary of their assets and possessions. Their spouse may also be listed as the beneficiary on life insurance policies and similar documents. If beneficiary designations are never changed after divorce, the oversight could lead to some messy court battles.