The Complexities of Bringing Two Families Together
Bringing two families together requires you to become aware of and attend to the emotional and financial impact involved in a second marriage. Our experience as Asset Protection and Estate Planning attorneys provides ample evidence that you need the help of a knowledgeable attorney to successfully coordinate the assets of two individuals starting a new life together. The attorneys at Smith & Mabley in Farmington Hills, Michigan, are familiar with all of the complexities and legal issues associated with second marriage planning.
A second marriages bring two people, and in many cases their family members, together. Second marriage planning, when done correctly with appropriate explanation and counselling, facilitates bringing two sets of assets together and can provide protection for children of a former marriage. For help, contact us at 866-975-9915 or send us an e-mail.
Realistic Second Marriage Planning for the Future
While love may be in the air now, that does not guarantee that a second marriage will be successful. Second marriage estate planning is necessary to protect the assets of each spouse and the property and money they plan on leaving to their loved ones. Pre- and post-nuptial agreements are a solid start in setting the parameters. However, more long-term strategies may be needed as well.
Complex and Sometimes Contentious Pooling of Assets
At Smith & Mabley, we help clients through this admittedly non-romantic portion of preparing for a new marriage. We help determine what assets will be used for the nursing home expenses of either or both spouses. Proactive long term care and Medicaid planning as part of second marriage planning is often needed to protect assets when they are pooled together. The children from previous marriages may contest how the assets are used, so we provide the expertise and counselling to get the blended family through this process as they move on to a new chapter in life.
Contact Us
For more information or to schedule an appointment with one of our experienced lawyers regarding the process of second marriage, please contact us online or call us toll free at 866-975-9915.
