How Do I Avoid Estate Planning Mistake with a Blended Family?

A second marriage can be a balm for the heartache of losing a spouse, be it through death or divorce. Nevertheless, if there are children or other heirs involved, you should consider carefully what will happen with your money and possessions when you pass on.

Estate Planning and a Second Marriage

Married people in second marriages with prior children often have to balance the future well-being of their spouse with that of their own children.

Blended Families Need More Thoughtful Estate Plans

When the first spouse dies, the surviving spouse may not remain as close with his or her stepchildren. Small irritations which were overlooked during the lifetime of the spouse who died, may become outright disputes.