AA Credit Union

Summer 2020

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8 | SUMMER 2020 Update beneficiaries on retire- ment, insurance, trust, invest- ment and savings accounts. You can skip this step only if you plan for your former spouse to get your 401(k) if something happens to you. Update titles and ownership records on real estate, vehicles, boats, retirement plans, college funds, stocks, bonds, mutual funds, certifi- cates of deposit, savings accounts, art- work, collectibles, loans to others and all other assets — and don't forget your frequent flier programs. Get on solid financial footing after divorce Divorce is a life event with significant emotional and financial consequences. In the aftermath of dissolving a marriage, it can be difficult to keep in mind the dollars- and-cents details. Here's a post-divorce checklist to make sure your financial bases are covered. By Mark Henricks

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