Estate planning is always important, but for individuals wanting to balance the rights, expectations, and needs of family members from prior marriages, careful and customized planning is especially critical. An effective plan may include not only wills and one or more trust agreements, but consideration of retirement account and life insurance beneficiary designations, tangible personal property, real estate, anticipated inheritances, and many other factors. Most people want to treat all the members of their newly-expanded (and more complicated) family fairly, but this does not necessarily mean that they want to treat them equally. We assist our clients in preparing and executing a custom estate plan for each family’s unique circumstances.
If you would like to learn more, please contact one of our experienced estate planning attorneys.