Estate Planning for Blended Families

One of the more complicated issues for Estate Planning is handling blended families. This will often involve creating a plan that will be fair to both families and will limit the potential for conflict.

One of the risks of estate planning with a blended family is the risk that children on both sides may fear for their entitlement under the Will. Another risk is conflict that may arise after a spouse passes away. Some children may fear that their parent is giving their new spouse too much out of the Estate, while others may even go so far as to try to separate the families right before death to secure their share of an Estate.

Although will planning for a blended family can be very easy, it can also be difficult. There are solutions to help limit the conflict between both sides. This includes carefully choosing the right Estate Trustee(s) and selecting a distribution that protects your spouse and fairly distributes your assets to your children.

Our firm has helped many blended families complete their Estate planning and have a number of solutions that can limit the potential for conflict and ensure that your Estate remains fairly distributed to both families.