Kelly B. Myers, Personal Family Lawyer
Connect:
  • Home
  • Our Plans
  • The Process
  • Resources

Estate Planning for the Blended Family

1/8/2013

0 Comments

 
Balancing the needs of a multi-generational blended family with your own wishes can be a complicated task, especially when it comes to estate planning.  With a majority of Americans not only marrying once, but twice, three or even four times during their lives, it is a challenge that will come to many.

Even when blended family members get along, estate planning can be complicated. The potential for acrimony among family members can be so great that some people choose to avoid addressing the issue of who will inherit what altogether.  However, as any estate planning attorney will tell you, having no plan is not a good plan.

Overall, an effective estate plan for a blended family will ensure that:

·         Any ex-spouses do not inherit;

·         Your own children are protected;

·         Your current spouse is provided for;

·         Any estate taxes are minimized.

Estate plans are as individualistic as the families they cover, so it is always advisable to consult with an expert before finalizing your plan.  Although there are a plethora of online resources and books on the subject, estate planning for the blended family does not make a good do-it-yourself project. 

A Personal Family Lawyer can provide you with the individual attention you need to create an estate plan for your blended family.  If you’d like to learn more about estate planning for blended families, call our office today to schedule a time for us to sit down and talk.

We normally charge $750 for a Family Wealth Planning Session, but because this planning is so important, I’ve made space for the next two people who mention this article to have a complete planning session at no charge. Call today and mention this article. 

0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Upcoming Events


    Archives

    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012

    Categories

    All

    RSS Feed

Powered by Create your own unique website with customizable templates.