Estate Planning for Blended Families In today's diverse family landscape, blended families—those formed when parents with children from previous relationships marry or cohabit—face unique estate planning challenges. The Unique Challenges of Blended Family Estate Planning Blended families often bring together different financial histories, inheritance expectations, and family dynamics. Without proper planning, these differences can lead to unintended consequences: Children from previous relationships may be accidentally disinherited Current spouses might receive less than intended Family conflict can erupt after a death Assets might not flow according to your wishes 1. Create Clear, Detailed Wills While a will is a fundamental estate planning tool for everyone, it's absolutely critical for blended families. Your will should clearly specify: Exactly which assets go to your current spouse Which...
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