Will planning for blended families
In second marriage/relationship and blended families, leaving an inadequate will (or no will at all) can be fraught with problems. In the worst case scenario, you could be leaving your surviving spouse, children and stepchildren quarrelling over your estate.
It can seem impossible to strike the balance between taking care of your current spouse and ensuring your children receive their fair share. That’s where our experience in estate planning for blended families can help. We offer a number of solutions which can ensure each party receives a fair division of the estate, some of which include:
- In a large estate, making provision for your partner and your children separately.
- In a smaller estate, incorporating a trust to ensure that the spouse receives benefits whilst he/she is alive, but the children ultimately receive their fair share.
- Increasing the value of a small estate through life insurance.
At Mason Lawyers we examine a client’s individual circumstances and tailor an estate plan to suit their individual needs.
It is far easier to discuss and resolve these concerns properly as part of your estate planning, than to ignore the problem and leave your blended family with the headache of making a claim against your estate.
We are experienced in the complexity of estate planning for blended families
Why choose Mason Lawyers for Wills and Estate Planning?
Our experienced estate planning lawyers can help you tailor your documents with your relationship and blended family in mind.
- Over 20 years of wills and estate planning experience
- Skilled in handling complex estates
- Specialised taxation knowledge
- Friendly, approachable and compassionate
- Over 10,000 Wills have been prepared for members of the local community
- Offer cost effective estate planning packages, with flexible payment options.
- Convenient locations, or one of our lawyers can travel to you. We can attend at the hospital, nursing home, retirement village.
In a blended family, it is more important than ever to implement strategies to protect your wealth and to ensure your estate is distributed in accordance with your wishes.
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