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Estate Planning is Mandatory for Blended Families

Dennis D. Duffy · Sep 26, 2011 ·

While its important for everyone to handle their estate planning affairs, its especially important for blended families to do so. Comprehensive estate planning makes it possible for everyone to be fully protected. If ignored, there will be trouble in the future, guaranteed. Take a look at the following information, to learn more. If you have any questions, or if youd like to discuss blended families planning techniques, contact an estate planning attorney.

 

Are You in a Blended Family?

 

If youre in a second (or third) marriage and either you or your spouse has children from another relationship, you are in a blended family; and, you need to reevaluate your estate planning needs. With the help of an estate planning attorney, you can identify your estate planning goals and find a way to make your goals happen.

 

Your Children May Be Unintentionally Disinherited

 

Its important to have the right planning techniques in place, so that you can ensure that your property distribution wishes are respected. If you dont plan correctly, your own children may be disinherited, unintentionally. This can create unnecessary stress and upset and may also mean that your children dont have the assets that they need.

 

Work with an Estate Planning Attorney

 

Its important to hire an estate planning attorney when handling your affairs, especially when your plan requires extra complexity because you have a blended family.

 

An attorney will be able to better explain all of your options so that you make the right choices. He or she will also be able to explain the influence that certain planning decisions may have on your future. You need to make sure that youre aware of all of the possibilities.

 

Dont ignore the need to plan for your family. If youd like to discuss planning techniques for blended families, consult with a qualified estate planning attorney.

  • Author
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Dennis D. Duffy
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