Second marriages can bring unique challenges to estate planning, especially involving stepchildren and individual assets. Learn more about the rights of spouses and children, vital strategies for estate planning, and the importance of professional guidance in undertaking these complicated legal matters. Second marriages present complex estate planning issues. Resolving these issues requires careful consideration of …
According to a study by the Pew Research Center, 15% of children in the United States are living with a parent who has remarried. Estate planning in blended families involves careful consideration to ensure all members, including children from previous marriages and new spouses, are considered fairly. In such families, estate plans often require more …
When it comes to planning for the future, it is important to understand the importance of creating a comprehensive estate plan. An estate plan should provide peace of mind to individuals and their families, ensuring that their wishes are honored and that their assets are protected. Estate planning goes beyond just having a will; it …
Going through a divorce is painful at every step and in every way – emotionally, physically, mentally, and financially. Unfortunately, yet another step that is important for couples not to overlook during this challenging time is updating the estate plan that was in place when they were happily married. If they do, assets upon death …
Divorces complicate everyone’s lives and when it comes time to file your tax return following a divorce, you should prepare yourself for the changes you can anticipate. As if tax filings are not complicated enough, following a divorce, you will need to be aware of the changes you can anticipate. There are a number of …
The legal boundaries that once defined marriage and family have gradually expanded over the years. These changes have made marriage and parenthood more inclusive and also more complicated. Marriage is now an exciting option for any couple who wants a full family life. It’s often a challenging option as well. It’s not unusual for a …
According to statistics published by the Pew Research Center, nearly 60 percent of adults 18 to 44 have lived with a partner without being married. Reviewing the statistics as they pertain to younger generations, more are opting to live with partners outside of marriage which has become more acceptable over the past few decades. While …
This may seem like an unusual time to consider your estate plan. However, if you do not have a Will and/or Trust or if the estate plan you have has not been updated within the last 5 years, it may be the perfect time since you may be at home and following the Governor’s recommendations …
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