Monday, November 2, 2009

What are some of the issues that arise in a blended family?

  • Your children versus your new spouse – who is to get what assets and when?
  • If your spouse dies first will you divide your assets among your children and stepchildren equally when you die?
  • Are you treating assets that were acquired during your marriage the same way you treat assets acquired before your marriage?
  • Do you wish to make gifts to your children during your lifetime even if it means your spouse will have less after your death?
  • If your spouse has a close relationship with his or her children and you don’t, are you still going to treat the children equally?

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