Category: Blended Family
Second marriages bring additional estate planning considerations, especially when children from past relationships are involved. Here are some tips for addressing a blended family in estate planning. Do you have a blended family? Have you made proper plans to ensure all of your family members are taken care of when you are no longer here? […]
In unions of those who marry twice, about 65 percent include children from prior marriages, according to the National Stepfamily Resource Center. That can complicate the transfer of brokerage accounts, real estate and personal possessions. Throw in resentments over divorces and rifts between stepchildren and step-parents, and the situation is ripe for legal battles. If […]
Estate planning with one family is hard enough. For families with a mix of biological children and stepchildren, first spouses and second spouses, making out an equitable will can seem impossible. When The Brady Bunch first aired, part of its appeal was the novelty of two families blending together. However, today that is normal for many American […]
Recently, we were forced to watch a painful family feud play out in the media over how Casey Kasem should be cared for in his final days. This type of internal family strife is not uncommon even among non-celebrity blended families who may not have considered the consequences of naming one child, a new spouse […]
The public battle — always emotional and sometimes bizarre — began in October 2013 when daughters Julie and Kerri led a protest outside of Kasem’s Los Angeles mansion, holding signs demanding that their stepmom let them see their ailing father. With celebrity life comes a lot of media attention, and with that attention comes the […]
A proper Caregiver Agreement is essential when a loved one or friend wants to pay you to provide assistance and care for them. Here is a link to an article in which Michael J. Amoruso, Esq., Managing Partner of Amoruso & Amoruso LLP in Westchester County, NY and Howard S. Krooks, Esq., Of Counsel to […]
Here is an excellent video demonstrating how my mother in her 70s, learned to use technology to transform her love for teaching into the next chapter of her life! She authored a new children’s book, “Grandma Needs a Nap” under her Publishing Company “Grandma Press” which teaches our young children and their caregivers incredible life […]
Keep an eye on the Obama Administration budget proposals as there are several provisions which may affect estate planning. For example, there is a provision which would reduce the $5 Million federal estate tax exemption to $3.5 Million – the 2009 level. Stay tuned! http://www.treasury.gov/resource-center/tax-policy/Documents/General-Explanations-FY2015.pdf
When Carol and Mike Brady got together on the classic TV show “The Brady Bunch,” there wasn’t a lot of discussion about how the couple would handle things like updating their life insurance policies to reflect their new, blended family, or covering the cost of things like braces and college tuition for their six kids. […]
