Mike and Laura had always believed love would be enough to hold their blended family together. They each had kids from previous marriages, and over the years, they had built a life filled with adventure—hiking, skiing, and making new memories in the Colorado mountains. But when Mike unexpectedly passed away, Laura quickly realized that love alone doesn’t navigate the complexities of estate planning for blended families.
Mike had assumed that if he left everything to Laura, she would "do the right thing" and make sure his children from his first marriage received their share. But as time went on, financial needs changed. Laura had unexpected medical bills. She wanted to help her own children buy their first homes. By the time she passed, Mike’s kids had been left with nothing—not because she intended to, but because there was no clear plan.
Myth #1: "My Spouse Will Take Care of It"
The reality is that once assets pass entirely to a surviving spouse, they have complete legal control over what happens next. Even with the best intentions, circumstances change—new relationships, financial obligations, or even forgetfulness can result in stepchildren being unintentionally disinherited.
✅ Solution: A trust can ensure that assets are fairly distributed while still providing for a surviving spouse.
Myth #2: "A Simple Will Covers Everything"
A basic will might work for some families, but for blended families, it’s like heading into the wilderness without a map. It doesn’t guarantee that assets will be distributed fairly or that promises will be honored.
✅ Solution: A comprehensive estate plan—including trusts, beneficiary designations, and clear legal protections—ensures your wishes are carried out exactly as intended.
Myth #3: "We’ll Figure It Out Later"
Waiting to plan often means leaving behind confusion, conflict, and legal battles. Mike’s children spent years fighting for what he wanted them to have—all because he never formalized his wishes.
✅ Solution: Start planning now. Estate planning isn’t just about what happens when you pass—it’s about ensuring peace of mind for everyone involved.
Mike and Laura’s story could have been different with proper planning. Attend a workshop with Skipton Law today and make sure your blended family’s future is protected.