SMP Law likes to share blog posts that reinforce the importance of having a will and doing your estate planning. However, when estate planning with a blended family there are other issues that need to be considered.
Leaving your Home or Estate in Your Child’s Name – Possible Tax Savings or An Inevitable Litigation?
Figuring out how to handle our estate after we pass away is a difficult subject. Many people do not have wills and avoid even thinking about their plans and wishes after they die - although here at SMP Law we highly recommend you do your planning.
It has become more frequent for a parent to remove a child from their will after a heated argument. As such, litigation can occur because the child(ren) argue the new will does not state the parent’s true intention(s).