Estate Planning Tips For Non-Traditional Families
More and morefamilies are non traditional these days. This change also prompts a change inestate planning. Below are a few estate-planning tips for non-traditionalfamilies from the Estate Planning Digest.
Suggestions forBlended Families:
- Designate who will be included in the estate plan.
- Talk to family members in advance so that they can fully comprehend the plan.
Suggestions for Womenin Divorce:
- Participate in the financial planning.
- Realize the value of your worth
Suggestions for Same- Sex Couples:
- Use all available tax deductions and marital deduction trusts.
See Tips for NavigatingThrough Estate Planning For Modern Families, Estate PlanningDigest, Oct. 16, 2013.
Special thanks toJim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringingthis article to my attention.
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