Blended Family

Another area where estate planning is critical is the blended family (the “Brady Bunch” 2nd marriage situation). Couples may have children of the marriage, plus a child or children from a previous marriage. While the couple may not want the children treated unequally, often they wish particular children to receive a particular asset, such as a family home to go to the child who was raised there. Or it may be a second marriage for both and the spouses wish to provide for each other while the surviving spouse is alive, but then the assets go to a child from an earlier marriage. I always recommend estate planning to avoid confusion and uncertainty in these cases, as trusts can be drafted for just these situations.