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The intersection of family law and estate planning is increasingly commonplace, and today’s strategies to protect and manage wealth require a sophisticated understanding of both areas of law. A well-rounded team of advisors that features estate planning and family law attorneys, in addition to wealth managers and accountants, is necessary to properly execute a client’s wishes and avoid unpleasant surprises. To help you better understand the issues involved, I’ll introduce you to three hypothetical couples at different stages of their lives who are navigating the crossroads of family law and estate planning. Their stories illustrate key points to keep in mind when crafting legacy plans: the importance of revisiting prenuptial agreements (...
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