WASHINGTON ESTATE PLANNING FOR BLENDED FAMILIES IN SKAGIT, island, san juan & king COUNTY
With over half of all U.S. marriages ending in divorce, blended families are more common than ever in Washington State. These new family circumstances create new challenges and opportunities when planning your will and estate. These challenges can include:
- Disinheriting your ex-spouse
- Caring for your biological children
- Providing for your current spouse and stepchildren
- Providing a legal guardian for minor children
If you pass away without a proper will or trust in place, your assets are distributed under the state intestacy statute.
In these complicated situations, it’s best to seek counsel from an experienced estate planning lawyer. At the Skagit County estate law firm of Olympic Legal, we have over 15 years of expertise in estate planning for blended families. Our knowledgeable and compassionate attorney will analyze your unique situation and draft a comprehensive and effective estate plan. You can take comfort in knowing that all members of your family, whether by blood or by marriage, will be provided for after your death in accordance with your wishes.
Estate Planning for second marriages
When a second marriage occurs late in life, there is often resentment and concern from the benefactor’s children about the distribution of assets after he or she passes. We recommend that if you are in a second marriage, you put aside a set amount of money and property in your estate toward protecting your children – we are understanding about your complicated situation and will inform you of all the options.
Scheduling a consultation
You can safely put some estate planning issues on the back burner for a short period of time without much risk while others are much more critical and need to be addressed immediately. Only you can decide how important it is to update your estate plan after starting a new family.
How important is it to you that:
- Your ex-spouse doesn’t accidentally inherit all your assets due to a combination of an unfortunate turn of events and your procrastination of updating your estate plan?
- All your loved ones receive the assets you truly intended regardless of your relationship whether it be biological, through marriage, or friendship?
There is no time like the present to start working with an experienced Skagit estate planning attorney who knows the intricacies of planning for blended families. Why not call today and get the piece of mind that comes with knowing that your estate plan will be up to date? You can contact Olympic Legal via phone at 360.630.3635 to schedule your consultation. You may also request a Skype video consultation if you are unable to come into our office. With offices in Anacortes & Seattle, we are able to help you secure your families financial future in Skagit, Island, San Juan and King Counties.