Today, it's difficult to define a so-called typical American family. In years past, most American families readily consisted of a husband, wife and children. By contrast, today's families may include a husband his third wife and several step children and half siblings. In most cases, the more complex a family's structure, the more confusing and complex the estate planning process can become. For these reasons, individuals in a blended family would be wise to seek the advice and assistance of an estate planning attorney when trying to provide for a current spouse, biological children and step-children.
When we think about Thanksgiving, most of us think about family togetherness. And if your family will be together this year (particularly your adult children), now may be a good time to start a discussion about your estate plan.
There are many moments in life when it comes time to have "the talk", whether it is about marriage, children, divorce, or other personal concerns, there are some inevitable moments at which we must have difficult conversations with the ones we love. Estate planning can often be one of those moments and figuring out how to broach the subject and have "the talk" can be difficult and emotionally tense.