Interviewer: Should you consider having a trust when you have a blended family?
Becky Cholewka: Absolutely. When you have a blended family there are so many intricate issues with estate planning. We want to make sure that we’re not only protecting the new spouse but we’re also protecting children from other relationships.
When you don’t have a sophisticated plan in place, usually one or both of those parties are going to get harmed in the process.
We want to make sure when we have those remarriages and kids from other relationships that we truly have a comprehensive estate plan in place.