MINIMIZE FAMILY CONFLICT
It is common today for families to be blended, meaning a family has at least one parent that has a child (or children) from a previous relationship.
Estate Planning for Blended Families
Estate planning for blended families is more complex than for a traditional nuclear family, as there are additional considerations and complexities.
Using an experienced estate planning attorney, blended families can minimize family conflict, and ensure that your wishes and desires are met.
Creditors / Ex-Spouses
Sometimes our beneficiaries have debts or judgments.
Beneficiaries may also be involved in divorce proceedings.
If a minor child’s parent passes away, it may occur that their inheritance is held and used by their guardian on behalf of the minor child. However, this can be detrimental if the other parent is the guardian, which is common. This is particularly worrisome if the other parent was an ex-spouse or ex-boyfriend/ex-girlfriend.
Proper estate planning can protect assets in the above situations.
- Protecting Assets
- Blended Family Planning
- Proper Business Succession
- Avoiding Probate Expenses
- Donating Money
- Guiding Family Members
- Minimizing Conflict
