The best estate plans are comprehensive and plan for a wide range of potential life circumstances. Ideally, you will live a full and healthy life for many years after the creation of your last will and estate plan. However, life can sometimes take surprising courses, and your estate plan should take common life issues into consideration.
Estate planning and second marriages
Second marriages result in a unique set of needs when planning for your estate's future. In most cases, two families are brought together, which makes the process of allocating and distributing assets a bit more complex. Planning for the financial wellbeing of your entire family requires you to have the right tools and resources to protect your assets, minimize estate planning costs, and ensure that all of your wishes are carried out. Establishing your estate planning goals, communicating them clearly, and using the right planning strategies makes it easy to accomplish all of these objectives.
