|
Planning for blended families
Divorce is at the best of times a difficult and tumultuous time, and when combined with potential remarriage and children from more than one relationship, it can lead to significant estate planning complications.
To ensure that your estate is allocated the way you want it to be, consider the options available to you.
Identifying the potential beneficiaries
It is crucial when planning a review of your estate that you take time to review some really basic questions to assist you in coming to terms with:
- Who do you want to take care of?
- Who is legally able to make claim on the estate?
- Are there former spouses or children from previous relationships?
- Have there been previous property or other settlements to take into consideration? (ie. is child support being paid?).
Once you have established the above, you can then prepare a list of specifically whom you want to prepare for and the specifics of what you want to provide.
|
