Estate Planning Tips for Blended Families
Divorce and remarriage is increasingly common. Typically called blended families, when someone remarries their new family often consists of a couple and their children from this and all previous relationships and marriages.
Over 50% of first marriages end in divorce
Over 60% of second families have children
43% of divorced adults remarry
16% of children live in blended families
Blended families can be complicated and face many challenges - new relationships and rules, changed holidays and traditions. When a parent dies and their family includes ex-spouses, adult or minor children from 1st and 2nd marriages, stepchildren