Updated your estate strategy for a second marriage? You may not be caring for dependents from your previous one.
Lemnis Capital’s Post
More Relevant Posts
-
This is a vital area of planning.
Updated your estate strategy for a second marriage? You may not be caring for dependents from your previous one.
Yours, Mine, and Ours: Estate Strategies for Second Marriages
peachtreeplanning.com
To view or add a comment, sign in
-
Estate Strategies for Second Marriages: Second Marriages and Estate Strategies: There are some challenges and considerations that may arise for people who are in a second marriage and want to plan their estate. Children from Prior Marriage: Some ways to ensure that children from a first marriage are provided for in the estate plan, include titling of assets, beneficiary designations, and life insurance policies. Second Spouse’s Needs: Consider the needs of the second spouse, such as income, health care, and inheritance rights, and balance them with the children’s interests. Legal and Tax Implications: Estate planning for second marriages may involve complex legal and tax issues, and consulting with professionals who have expertise in this area is recommended.
Updated your estate strategy for a second marriage? You may not be caring for dependents from your previous one.
Yours, Mine, and Ours: Estate Strategies for Second Marriages
lifetimefinancialgrowth.com
To view or add a comment, sign in
-
Yours, Mine, and Ours: Estate Strategies for Second Marriage. Do you have plans in place? If you are one of the many Americans who are in a second marriage, you may need to revisit your estate strategy. #estateplanning #secondmarriage
Yours, Mine, and Ours: Estate Strategies for Second Marriages
financiallighthouse.net
To view or add a comment, sign in
-
If you are in a second marriage, you may need to revisit your estate strategy. #Clarity #Confidence #Control #Contentment https://lnkd.in/dT6JMHN
Yours, Mine, and Ours: Estate Strategies for Second Marriages
stewardshipadvisory.com
To view or add a comment, sign in
-
If you are one of the many Americans who are in a second marriage, you may need to revisit your estate strategy. Unlike a typical first marriage, second marriages often require special consideration in order to address children from a prior marriage and the disposition of assets accumulated prior to the second marriage. Learn more: https://lnkd.in/eVAFq6in
Estate Strategies for Second Marriages: FCA Corp
fcacorp.com
To view or add a comment, sign in
-
Registered Financial Professional | Wealth Manager | Financial Life Coach, helping Individuals, families & businesses to Plan, Accumulate, Grow, Preserve & Manage wealth to align their values and purpose with goals.
If you're part of the growing number of Americans in second marriages, it's crucial to revisit your estate strategy to make sure your assets are distributed as you intend. Second marriages can bring complexity to inheritance, especially if you have children from a previous marriage. Don't leave your loved ones' future to chance - take control of your legacy. #legacyplanning #secondmarriages #estateplan #generationalwealth
Yours, Mine, and Ours: Estate Strategies for Second Marriages
financiallighthouse.net
To view or add a comment, sign in
-
Many people create their wills and then forget about them, but it’s important to review these documents regularly. We recommend updating your will every three years or whenever there’s a significant change in your life, such as a new family member, marriage, or major asset change. #EstatePlanning #WillsAndEstates #PlanAhead
To view or add a comment, sign in
-
Beneficiary designation should be reviewed regularly to ensure it matches your wishes. Major life events are great starting times to review them. These events include but are not limited to marriage, divorces, births, & deaths. Your advisor at Menna Wealth Planning Group can assist you in reviewing and updating your wishes – 631-605-8400. . . . . . #MennaFinancial #LongIsland #FinancialPlanning #EstatePlanning #Beneficiaries #Beneficiary #YourWishes #2024FinancialReview
To view or add a comment, sign in
-
Navigating a prenuptial agreement can feel a bit like taking out an insurance policy on your marriage. It’s better to have it and not need it than to need it and not have it. But in the event that you do get divorced, the agreement has to meet certain requirements if it’s going to hold up in court. The nuances are numerous, and we’ve provided more details about many of them over on the JB blog ➡️ https://bit.ly/4boJ7ag That said, the very best way to reach an enforceable agreement is to consult with an attorney every step of the way. If you and your soon-to-be spouse are considering a prenuptial agreement, JB is here to help you move forward in your marriage with peace of mind. Get started by scheduling your strategic planning session here: https://bit.ly/3Ws72RX
To view or add a comment, sign in
-
Marriage as an estate plan #conflict #divorce #estate #estateplanning #family #FrehnerDivorce #FrehnerEstatePlanning #inheritance #marriage #successionplanning Marriage as an estate plan may be an important interest in obtaining a partial judgment in Switzerland. The couple married in 2001, had been separated since 2016 and a petition for divorce had been filed since November 2018. The proceedings lasted four years and four months before the main hearing was scheduled. The parties owned five properties in four different countries. The financing of the properties and of the construction work involved were disputed, where the proceeds from the sale of the inherited properties had gone. The 83-year-old husband wished to marry his long-term partner. He had been living with her for around five years. He was in poor health: he was suffering from two illnesses (lung disease, leukemia) that were potentially fatal. His health was declining. It is controversial whether a partial judgment should be made on the divorce issue, while the ancillary consequences (in particular the division of matrimonial property) are adjudged later. The marriage was divorced in November 2021. The court of appeal of the Canton of Solothurn overturned the partial decision. The husband contested this court ruling. How did the Federal Supreme Court of Switzerland decide? What was the reasoning? Continue reading: https://lnkd.in/dmfDXbKG Image Source: © zinkevych / 123RF.com
To view or add a comment, sign in
4,377 followers