Finding love for the second time is a beautiful thing, but amidst all the fireworks and violins, it’s important to be aware that second marriages typically create the need for some fairly in-depth estate planning.
To ensure wedded bliss and family harmony far beyond the wedding day, it’s critical to proactively address how your nuptials will affect your financial liabilities, existing benefits, and distribution of your assets to loved ones.
1. Communicate Like a Pro
The first step to ensure success in such matters is to have open and comprehensive conversations with your spouse and your family. You must clearly articulate your wishes and your concerns, and you must also provide a forum in which family members can share their thoughts and concerns. Continue reading