Cassady Law Offices, P.C. - Las Vegas Estate Planning Attorney
Call for a free consultation

How to manage estate plans in a blended family

Parents in Nevada who are about to get married again may have a challenging estate planning dilemma to solve. If an estate plan is not created properly, the children from the previous marriage could get nothing. Meanwhile, the new spouse could receive all of an individual's property when he or she passes. While assets could be transferred from the surviving spouse to the children, there is no guarantee that this would happen.

The new spouse may still have the ability to obtain a share of a husband or wife's assets even if that person is not in a will. However, this may only be true if an individual can show that there is a need for a portion of a deceased spouse's net worth. Another possibility is that a spousal trust is created that benefits a partner and an individual's children from a previous marriage.

In such a scenario, the surviving spouse would receive distributions from the trust to maintain his or her standard of living. When that person dies, whatever is left in the trust goes to the children. Alternatively, a prenuptial agreement can be created to address any concerns a parent could have prior to getting remarried. If a person dies without a will, roughly half of his or her assets go to the spouse while the rest goes to the children.

Creating a will may help a person preserve a legacy they built while alive. This is because a will may allow greater control over where assets go as well as who is responsible for distributing them. In addition to a will, a trust or beneficiary designation could help an individual meet estate planning goals. These documents may be especially important for parents who are getting remarried and want to protect their children.

No Comments

Leave a comment
Comment Information
Email Our Team

More Questions? We Have Answers.

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

Las Vegas Office
10799 West Twain Avenue
Las Vegas, NV 89135

Toll Free: 800-557-6423
Phone: 702-706-1083
Fax: 702-650-5561
Las Vegas Law Office Map

Henderson Office
2425 W. Horizon Ridge Pkwy.
Henderson, NV 89052

Toll Free: 800-557-6423
Phone: 702-706-1083
Map & Directions