Divorce Orders Must Include Beneficiary Designation Warnings

The Act of November 3, 2022, No. 106, P.L. 1691, amends 23 Pa.C.S. § 3323 to require that divorce decrees and annulment orders include a provision advising the parties to reaffirm or change beneficiary designations for life insurance policies, annuity contracts, retirement plans, and other contracts if there is an intention to keep a former spouse as a beneficiary, and that failure to do so may result in the revocation of the beneficiary designation for the former spouse under 20 Pa.C.S. § 6111.2.

Print Friendly, PDF & Email

Comments are closed.