Between 40 and 50 percent of marriages end in divorce. A majority of people who undergo divorce eventually marry again. This can create unforseen problems when planning an estate.
What is a Blended Family?
Blended families commonly include:
- Married couples in which one or both partners have children from outside the current marriage
- Families with children who have children with more than one partner
- Families with children whose spouses have children from outside of the marriage
While a growing family can bring joy and opportunity for bonding with children and grandchildren who are not related by blood, it can also bring certain complications when estate planning. If you are part of a blended family, even if you have already created a will, it is a good idea to talk to an experienced estate planning attorney to help preserve family unity and goodwill in case of your incapacity or upon your death.
Challenges Faced by Blended Families
There are many challenges that blended families may face when a parent passes away. These include:
- Disinheriting a child
- Claims by a former spouse
- Disputes over decision making and authority
- Disputes over asset division
- Delays in the distribution of an estate
In some cases, disputes end up in court and cause a rift between spouses, children, and grandchildren. This creates complications that could easily have been avoided with proper planning.
Avoiding a court embattled outcome is one of the most compelling reasons to discuss your options with an estate planning lawyer. Your lawyer will be able to provide you with an objective and evenhanded outside perspective and help ensure all considerations are taken into account.
There are countless scenarios that may end up with one or more beneficiaries being treated in a manner inconsistent with your wishes, but even the most well-meaning changes to a will or estate plan can produce unforeseen problems for loved ones. Choosing to work with an estate planning lawyer experienced in working with blended familes can help ensure all bases are covered and work to guard against issues that may create tension or argument among your surviving family members.
Why Choose Leventhal Lewis
At Leventhal Lewis, we understand the complexities of estate planning. Our experienced attorneys know how to help blended families navigate the often delicate issue of estate planning and inheritance. We will assist you in making decisions that are beneficial for all impacted parties.
Taking time to truly understand your needs and desires, our estate planning attorneys can simplify the process while making sure your wishes are met. We welcome an opportunity to meet with you for a private consultation where we can listen to your concerns and provide you with honest answers about your options. Call us today at 719-694-3000 to schedule a complimentary review of your case and learn how we can help.
Leventhal Lewis is located in Colorado Springs and Denver, Colorado. We serve all surrounding communities including Castle Rock, Larkspur, Monument, and Pueblo.