What Blended Families Should Know About Estate Planning – Life’s Third Act

/in , /by

Subscribe: RSS

Jill Enders is joined by TuckerAllen estate planning attorney Nina Windsor to discuss estate planning for blended families.

Ms. Windsor discusses the challenges of estate planning for blended families, the importance of updating estate plans after marriage or divorce, whether you should have a joint trust with your spouse or individual revocable trusts, the importance of not relying on your spouse or child’s stepparent to carry out wishes for your biological children, the circumstances when your trust should become irrevocable if you have a joint trust, the role of a power of attorney, whether or not it is best to have biological children or stepchildren serve as trustees, who should serve as a trustee in a blended family situation, how to plan for the possibility that your surviving spouse will remarry, and more.

If you have any questions about estate planning or elder law, get in touch with an attorney at TuckerAllen.