Estate Planning after a Divorce-The Importance of Updating Beneficiary Designated Accounts Sep 8, 2011 / By: Mary S. Falk, Estate Planning Attorney Category: 401(k), Beneficiary Designated Accounts, Divorce, Estate Planning, IRA, U.S. Supreme Court If you had a living trust with an ex-spouse, you need to create your own living trust and change your beneficiary designations if necessary. Read more »