No will is the same; however, some wills are more complicated than others because of family dynamics and related situations. One family dynamic that makes a will slightly more complex is when a blended family is involved. A blended family—made up of families that come together over time with new…
With about half of all marriages ending in divorce, second marriages and blended families have become the new normal in many communities. Estate planning for a blended family requires three-dimensional thinking for all concerned. An article from The University Herald, “The Challenges and Complexities of Estate Planning for Blended Families,…
It seems like families need to spend more time discussing estate plans and their finances, especially if they are blended families, to prevent major disruptions. For the second consecutive year, family conflict was named as the biggest treat to estate planning by estate planning and elder law attorneys and other…
Couples planning to blend families often have to make financial arrangements that respect previous relationships with ex-spouses and their families. Issues range from childcare and eldercare to potentially complex matters involving businesses, investment assets and real estate. That’s why involving trained experts in stepfamily financial planning is a must. Blending…