Estate Planning In A Second Marriage: What’s Considered Fair?
In New York, estate planning and a second marriage requires balancing the financial needs of surviving former spouse with the inheritance rights of children from earlier relationships. But, your particular circumstance will be unique as you may have a spouse who has passed away, you may have children with a former partner or you may be in a blended family. You may have a vast portfolio of assets, including retirement accounts, property and business investments. Regardless of your situation, a well-structured plan may feature trusts, beneficiary designations, or prenuptial agreements to make your choices clear no matter the complexity of your estate.
At Miller & Miller Law Group, our trust and estate planning attorneys represent families throughout New York. We can help you understand what is fair in a second marriage and estate planning so your plan reflects your particular needs. Call us to schedule a consultation with a New York trust and estate planning attorney.
