Estate Planning in Blended Families
Couples who have children and were previously married face a number of estate-planning issues. For instance, should the bulk of the estate be left to the spouse, to the children, or both? The failure to properly address these issues in a timely manner can result in serious, unintended consequences.
The "short" answer to this potential problem is to consult with an estate planning attorney to discuss the options available to you based upon the facts of your particular case. The Winston-Salem Journal recently published a very insightful article on this subject, and I recommend that you read it in order to consider these issues. You can read this article by clicking HERE.
Source: "Sticky Issue: Avoiding The Problems That Come Up in Estate Planning for Parents of Blended Families" published in the Winston-Salem Journal.
