Is Estate Planning important for blended families?

Do you think a well-known blended family of 8 ever thought, I wonder who gets the house after mom and dad pass away? With 6 kids, who has time to think of these things, but should they? There are a lot of variables that determine how that question is answered such as who owns the house or who was the last to pass.

Did you know that stepchildren do not stand to inherit from a stepparent? Yes, children may be left out and spouses might not get what they expect. How about the anxiety of knowing, without an estate plan, certain assets you have invested in during your lifetime could be passed over your children and go to your stepchildren should your spouse survive you?

A solid estate plan ensures that your wishes are known, you are cared for by people you choose, and your assets go to the right people. A blended family is not necessarily served well with a fill in the blank form, so consult with an estate plan attorney that has worked with blended families. Feel free to call Attorney Dana Rifai at Rifai Law Group, P.C. for a consultation on estate planning for blended families.