Estate Planning for Second Marriages

Estate Planning for Second Marriages
Top-rated estate planning attorneys helping clients achieve their end-of-life planning goals. Serving Virginia and North Carolina.
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Estate Planning for Second Marriages Attorney

For second marriages, estate planning will bring a new set of challenges that involve blended families and complex financial arrangements.

Each spouse may have children from previous relationships, or the new spouses may have children together. One spouse may have a substantial amount of assets in his or her name, and the other spouse may have almost none. When discussing your estate planning goals, we know that you need an attorney who will understand your circumstances and work with your family.

Blending a family and planning for the end-of-life process both present individual, specific difficulties. But, combining them both through second marriage estate planning is doubly challenging and often involves hurt feelings and divergent interests.

At Melone Hatley, P.C., we will work to resolve conflict and find a solution that suits your needs and those of your family.

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Depending on your specific circumstances, we may advise one or several of the following:

  • Making annual gifts that fall under the threshold of taxable giving by the IRS
  • Creating a joint title on property to provide for easier transfer of ownership
  • Gifting an asset to freeze its value and reduce the amount of taxes paid after you die
  • Forming a family LLC to transfer ownership of an asset to multiple parties
  • Using a trust to transfer ownership and avoid probate
Need help? You are not alone. Schedule a call with one of our client services coordinators today!

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Schedule a call with one of our client services coordinators.

Schedule Now

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