Til Death or Divorce Do Us Part: The intersection of family law and estate planning featuring Adam Hopler.

Guest: Adam Hopler, an Estate Attorney from the firm Hopler, Wilms, & Hanna PLLC. Adam shares about his personal background, including his experience of practicing law in Durham for 12 years and being a father to six kids. Discussion about the intersection of family law and estate planning: how divorce and separation can impact one's estate and the importance of consultation with estate attorneys. The podcast addresses certain scenarios where it becomes essential to speak with an estate attorney, such as in cases of separations involving substantial estates or closely held businesses. Adam elaborates on how estate planning isn't just about the individual but also about those around them, who may end up dealing with the consequences of inadequate planning. Discussion on the need for life insurance and how it's meant to cover debts so that dependents don't have to. The podcast addresses the importance of revisiting estate plans periodically due to life changes and gives an example of how the pandemic has accelerated these changes for many. Adam talks about the significance of beneficiary designations and shares an anecdote from his law school days. Discussion about what happens if a person dies without a will, or 'intestate', in North Carolina, with particular emphasis on the role of a spouse and children in the division of the estate. The hosts conclude with a discussion on the importance of estate planning, even in complex family situations, such as split families, and during periods of separation before divorce is finalized.
Note: For expert advice tailored to your specific circumstances, it is always recommended to consult with a certified legal professional in your area.