Tuesday, April 7, 2009

When Parents Remarry

Love is a wonderful thing, especially when it is found later in life. However, when parents enter into marriage it can have implications on a child's inheritance. In Wisconsin children do not have a right to inherit, however, some parents may not realize the ramifications of re-marriage. Smart Money magazine tackled this issue in its April 2009 edition. Before Your Parents Say "I Do Again" profiles several families and the inheritance wars that were started in blended families. The article is interesting and raises some good questions. As always, I recommend that all people seek legal counsel from an estate planning attorney in their home state -- we have 50 different states and 50 different sets of estate planning laws.

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