Estate Planning for Blended Families
Estate Planning For Blended Families – Keep Your Family Out Of Conflict
If you are in a second (or third or more) marriage, and you have children from a prior marriage, you must engage in estate planning that will keep the people you love out of conflict. No matter how close or friendly you think your new spouse and your children are, there is simply an unavoidable, inherent conflict between them upon your death.
Having said that, this conflict can be mitigated and you can ensure that the people you love most — your new spouse and your children — will each be well-taken care of with the most ease possible. When your planning for blended families you can even take actions to support their being on the same team with each other in a time of grief. It does take planning though, and we are well-trained and highly skilled in estate planning for blended families, which is the term of art in the legal profession for people who are in second (or third or more) marriages with children from a prior marriage.
So, if you are in a second (or third or more) marriage, contact us for a Peace of Mind Planning Session so we can look together at everything you own, and everyone you love, and what would happen to all of it, when something happens to you. Then, you can get informed, educated and empowered to make the right planning decisions for the people you love.
If you’d like to read more about this, please read my article here on “how shopping around for an estate plan could leave your family with an unexpected, expensive, unintended mess.” Click HERE to receive the report.
In the meantime, here’s what I can assure you: We’ve priced our estate planning for you and your family at the intersection of affordability and effectiveness. We start all of our plans with a Peace of Mind Planning Session, which is designed to get you more financially organized than you have ever been before, and ensure that no matter what happens, none of your hard-earned assets will be lost to the State Department of Unclaimed Property, when something happens to you.
Even if you never do any planning with us, the Peace of Mind Planning Session alone is a hugely valuable process for you and your family, because you will create a full inventory of your assets and ensure your family knows what you have.
Then, when we meet in person, we will review everything you own, and discuss everyone you love, and you will understand exactly what would happen to everything you own and everyone you love, in the event of your death or incapacity.
If you do not have a plan, we will cover the plan the State has for you. If you do have a plan, we will review your current plan with you. (We call this an estate plan review and check-up). If you are not happy with your current plan (or the plan the State has for you), you will tell us what you would want to change, and we will look at the most effective, efficient and affordable way to achieve your goals.
Here’s the most important part for you to know about this: you will be making informed, educated, empowered decisions for the people you love, not just shopping around based on price. And the best part is that as part of this process, you will actually choose your own fee based on your budget and the planning options that are most important to you and your family. There truly is no one size fits all choice.
We have created a process, though, to educate you quickly and effectively so that you can make empowered, informed choices about what you want for the people you love, so that you aren’t simply choosing the cheapest option because you don’t have any other basis for making your decisions. Okay, now having said all that, you probably want to at least know a range of what estate planning will cost.
Got any Questions?
Connect With Brian Musell, Esq.
Have you been thinking about how to protect your loved ones when you are no longer around?
Do you have a current will or trust that you would like reviewed by a trusted estate planning attorney?
Contact me to find out how we can help you protect your loved ones from court and from conflict.