Seminar ID: 106885

Disability, Death and Related Topics of Cheer

Disability, Death and Related Topics of Cheer

The best a divorce practitioner can do is to acknowledge that the death of everyone involved in a divorce is certain.

No one likes to think about it, but from all appearances, whether life is approached with optimism or pessimism, it appears that death is inevitable. Of course there is unpredictable order and timing, but in divorce proceedings using that knowledge can help to structure divorce orders and decrees in such a way that as little harm as possible will befall the interests that have been employed to create or protect, and (perhaps most of all) fully inform your clients of the financial effects that will flow from the death of one party or the other. This material is intended to sketch out the effects upon the benefits flowing from public and private retirement systems that should be expected upon the death of either the plan member/participant or the non-member/participant spouse, and to show what, if anything, can be done by the practitioner to alter those effects.