Have you gone through a divorce? Do you plan to remarry in the near future? Did you recently tie the knot?
Remarrying has the potential to complicate your estate plan, but only if you neglect to take the right approach.
For example, if you have children from a previous marriage, you’re bringing them into a new family. Not only will this affect all of you on a personal level, but it’ll also change your outlook on the future.
If remarriage and blended family protection is on your mind, here are some questions to address as they pertain to your specific circumstances:
- Do you currently have an estate plan?
- Does your current estate plan make any mention of your ex-spouse?
- Do you have any children from a previous relationship or marriage?
- Is your new spouse interested in creating an estate plan with you?
- What steps can you take to protect the children that you already have, as well as any that you’ll bring into your family with your new spouse?
The answers to these questions will vary from person to person.
For example, if you have three children from a previous marriage, you can create a prenuptial agreement to ensure that their inheritance rights are protected upon your passing.
However, if you don’t have any children—but your new spouse does—this can also impact your estate plan.
If you decide to remarry, take the necessary amount of time to review your estate plan, make changes, and ensure that you and your children remain protected in the future. At The Edwards Law Firm, P.A., we have many years of experience helping people estate plan after remarrying. Contact us online or via phone for more information on our services, answers to your questions, and professional guidance based on your circumstances.