More People More Problems… Lets Fix That!
Did you know that 42% of American homes are considered blended homes?
In a blended family there are more people and with more people adds more
feelings to get hurt, more confusion, more of a chance for issues or drama to arise…
Whether it is a divorce, a second marriage, or you have lost a spouse these
life events and circumstances complicate decision-making in your family life and
financials. But what happens after you’re gone: who will be the decision maker?
Who has the rights to what?
You want to make sure that your current spouse gets that old 67 Nova that
you put so much work into restoring and not your ex. Or that your daughter gets
your mothers pearls and your sister-in-law doesn’t.
That is where an Estate Plan is crucial to your families’ protection from
being torn apart by questions and the drama that ensues when money is involved.
Here are some questions to get the ball rolling:
- What do you want to happen after you die?
- If you are unable to make decisions for yourself, who will make them for you?
- Who will take care of your children financially, physically, and emotionally?
- Do the kids get a say?
- How will you provide for your surviving spouse? What authority do they have in your absence?
- Do you and your current and/ or former spouse have shared assets or power? Will you need separate attorneys to handle the planes?
- Do you live in a separate or community property state?
A good plan can take some time to figure out and having an expert on your
side to handle all the complexities is essential to having peace and happiness within
your family. Appleby Healy Law is here to serve you and make you wishes a reality
and give you some much needed peace of mind.
**This blog post is not a substitution for legal advice from an attorney specific to
your situation. You can call Appleby Healy for a FREE consultation regarding your
estate plan today at 417-581-2411.