When considering remarriage, it is important to plan for the following:
- Whether property acquired before the marriage will be held jointly.
- How to provide for children from a previous marriage.
- Whether a prenuptial agreement is necessary to accomplish goals related to either of these issues.
If either spouse has significant assets, it will be necessary to consult an attorney.
As for the estate planning aspects of providing for children from a previous marriage, trusts and/or life insurance are the vehicles most often used.
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