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Tips From the Pros: After the Divorce: What About Qualified Plan Beneficiary Designations?

Charles A. Redd discusses Kennedy v. Plan Administrator for DuPont Savings and Investment Plan and Hebert v. Cunningham.

A typical divorce is a long, expensive and stressful ordeal. By the end of the process, an exhausted client may have little patience for attending to seemingly insignificant, and what may appear to the client to be unnecessary, details. There usually are, however, important matters left to address before the client can leave a failed marriage in the rear view mirror forever. Among these is changing the beneficiary designation pertaining to a qualified retirement plan if the ex-spouse is named


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