Going through a divorce is painful at every step and in every way – emotionally, physically, mentally, and financially.
Unfortunately, yet another step that is important for couples not to overlook during this challenging time is updating the estate plan that was in place when they were happily married. If they do, assets upon death could be dispersed to an ex-spouse, which is not a happy thought. Even worse, if that ex-spouse remarries, assets could be given to that new spouse and their children.
Back in 1994, David Egelhoff lived in Washington state and worked for the Boeing Company. It was a respectable job with a good pension plan and a life insurance policy. He had been married a couple of times. He had two kids with his previous wife and was just coming out of a divorce with his second wife, Donna Rae Egelhoff.
Two months after David signed the papers to finalize the divorce from Donna, he got in a