Blended Families can Squabble over Inheritance
More and more families have stepchildren as the result of second and third marriages, which has sparked an increase in contested wills around the country. Tension can rise when a family member who holds a family together passes away, often a parent who has children with different spouses. From an estate planning standpoint, perhaps the wisest course is to distribute assets separately. That way, stepchildren are not financially intertwined with each other.