Estate Planning
Estate Planning When You Have a Stepfamily
February 1, 2024
When a second marriage joins two families, it should be a joyous occasion. Too often it also creates inheritance disputes between stepparents and children from a prior marriage. A carefully drafted plan is how you avoid that fight.
The right structure — often a QTIP trust or lifetime-benefit trust — protects a surviving spouse without disinheriting the children who came first. Coordinated beneficiary designations do the rest.
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