Estate Planning for Blended Families: Providing for Your Spouse & Children in a Second Marriage

Overview

Estate planning solutions for your whole family.

In nearly half of all stepfamilies, one spouse or the other brings a child or children with them. But while most estate planning books give a general overview of the process of creating a will, trust or other estate plan, most do not have the information that couples in a second marriage need to provide for the entirety of their family.

Estate Planning for ...

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Estate Planning for Blended Families: Providing for Your Spouse & Children in a Second Marriage

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Overview

Estate planning solutions for your whole family.

In nearly half of all stepfamilies, one spouse or the other brings a child or children with them. But while most estate planning books give a general overview of the process of creating a will, trust or other estate plan, most do not have the information that couples in a second marriage need to provide for the entirety of their family.

Estate Planning for Blended Families
 is the first book that will help you provide for your current spouse as well as children from both your previous and current marriages. Attorney Richard Barnes is a practicing lawyer who helps couples just like you create estate plans that take care of the entirety of a blended family. You'll get targeted information on:

· Identifying goals and concerns
· Discussing matters with your spouse
· Planning for all children involved
· Estate and gift taxes in a second marriage
· Choosing executors, trustees and guardians
· Working with lawyers, financial planners and other experts


Estate Planning for Blended Families
 also includes sample estate plans, current tax information for your state, and the latest information about which federal and state laws apply to you and your loved ones, so that you can create the right estate plan for your whole family.

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Editorial Reviews

The Valdosta Daily Times.
"In "Estate Planning for Blended Families," Barnes spells out numerous possibilities and circumstances to meet the myriad needs of readers. Some information may apply to almost all readers in a blended family, such as how to find the right lawyer, dealing with heirlooms, etc.Some is more circumstance specific. For example, there is a section on "The May-December Romance," with sub-sections: "Providing for the Younger Spouse," "Providing for the Older Spouse's Children," "Providing for Children from the Current Relationship." Barnes keeps the text lively with illustrative examples, graphics and sidebars. This book is informative and interesting. It is not written in legalese but in an easy-to-read format..."
From the Publisher
“Blended families face unique challenges when they begin to plan their estates. Richard Barnes’ straightforward exploration of many of these challenges makes it a must-read for remarried couples.”
- Jon J. Gallo, Co-Author, Silver Spoon Kids: How Successful Parents Raise Responsible Children

“A much-needed book that thoroughly covers a complex and emotional topic with great sensitivity and clarity.”
- Joseph H. Astrachan, Editor, Family Business Review and Executive Director of the Cox Family Enterprise Center 

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Product Details

  • ISBN-13: 9781413310184
  • Publisher: NOLO
  • Publication date: 5/25/2009
  • Edition description: Original
  • Pages: 368
  • Sales rank: 453,112
  • Product dimensions: 7.06 (w) x 9.02 (h) x 0.75 (d)

Meet the Author

Richard Barnes is a practicing lawyer, author and regular speaker on business and estate planning. He is the Vice Chair/Chair-Elect of the Fiduciary Law Section of the State Bar of Georgia, a past President of the Atlanta Council of Younger Lawyers, a past President of the Valdosta Rotary Club, a contributor to South Georgia Business magazine, a member of the Valdosta Bar Association, and a member of the American Bar Association. Richard is an Adjunct Professor at Valdosta State University, teaching a course on Business Associations.
Richard is a graduate of Rhodes College and Vanderbilt University School of Law, where he was the Senior Student Writing Editor of the Vanderbilt Law Review. He served as General Counsel for the Transmission Networks Systems Division of Scientific-Atlanta, Inc. and practiced law at two Atlanta firms before joining a firm in Valdosta.

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Table of Contents

1. The Path to a Fulfilling Estate Plan
2. Identifying Your Goals & Concerns
3. Talking Things Over with Your Spouse
4. Planning for Children
5. Estate & Gift Tax in a Second Marriage
6. Tools & Techniques for Blended Families
7. Spouses With Unequal Wealth
8. The May-December Romance
9. Family Money
10. Choosing Executors & Trustees
11. Planning for Disability
12. Working With Lawyers & Other Experts
13. Keeping It Current
Sample Estate Plans
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