Michigan divorce update: Pension and retirement, Who is your beneficiary?

Changing pension or life insurance beneficiaries after divorce. A lesson to lawyers – The Judgment of Divorce may not be enough! In almost every Judgment of Divorce, the parties either award or waive an interest in the former spouses’ pension plan(s) or life insurance plan(s). However, if the benefit is governed by ERISA, a waiver[…]

CHANGING PENSION OR LIFE INSURANCE BENEFICIARY AFTER DIVORCE. A JUDGMENT OF DIVORCE MAY NOT BE ENOUGH!

Changing pension or life insurance beneficiaries after divorce. A Judgment of Divorce may not be enough! In almost every Judgment of Divorce, the parties either award or waive an interest in the former spouses’ pension plan(s) or life insurance plan(s). However, if the benefit is governed by ERISA, a waiver in a Judgment of Divorce[…]

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