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December 2015 Archives

How To Provide For Everyone In Your Blended Family: part II

In our last blog post, we began discussing ways that individuals with blended families can tailor their estate plans to provide for loved ones as they see fit. In our last post, we discussed how individuals who have children from a previous marriage or relationship and are now remarried, can use a prenuptial agreement to ensure that the bulk of one's estate goes to one's children.

How to provide for everyone in your blended family

Within the United States, the familial structure has never been so complex. Among those Americans who do marry, roughly 50 percent will eventually divorce; however, many of these divorcees will marry again. A 2013 report by the Pew Research Center revealed that four out of every 10 new marriages involves at least one individual who was previously married. Adding to the complexity of the modern family structure in the U.S. are statistics from the Centers for Disease and Prevention, which show that nearly 41 percent of births in the U.S. are to unwed mothers.

Taking legal action to remove a trustee

When most people think about estate planning, the document known as a last will and testament likely comes to mind. While a will can be used to convey one's wishes with regard to the ownership of personal belongings and the disbursement of assets, a trust is typically a better option for people who wish to avoid probate, leave property to young children and protect assets from creditors.

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Connors and Sullivan, Attorneys at Law, PLLC
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Brooklyn, NY 11209

Phone: 718-414-6209
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Connors and Sullivan, Attorneys at Law, PLLC
110 East 59th Street
New York, NY 10022

Ph: 212-737-2700
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Connors and Sullivan, Attorneys at Law, PLLC
200-20 Northern Boulevard
Bayside, NY 11361

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Connors and Sullivan, Attorneys at Law, PLLC
79-43 Metropolitan Avenue
Middle Village, NY 11379

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Connors and Sullivan, Attorneys at Law, PLLC
1250 Hylan Boulevard
Staten Island, NY 10305

Ph: 718-414-6209  
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