The notion of estate planning evokes thoughts of drafting wills to designate how family heirlooms will be distributed, and creating trusts to manage estates worth millions of dollars. Indeed, only a small segment of society (e.g. the ederly) will seek to have those questions answered, but it does not mean that other people cannot draft documents to plan for the unexpected.
The stages of life for estate planning
The challenges of estate planning in blended families
The Brady Bunch isn't just a TV show from another era. More than ever, American households are taking on the look of Mike, Carol and their brood. In fact, the U.S. Bureau of Census says that 1,300 new stepfamilies are formed every day. And blended families come with their own set of challenges, both emotionally and financially.