Second Marriages & Estate Planning - A Brief Overview

Choosing to remarry is a big decision, and one to celebrate enthusiastically. A second marriage is a chance to start fresh, to put the troubles of the past behind you and celebrate a new chapter of your life with someone you love. In the midst of all the excitement, however, there are several details that need attention. Your estate plan provides a perfect example. A second marriage can significantly impact your estate plan, and it's important to make sure the transition is executed effectively. Our estate planning attorney at the Lake of the Ozarks is here to help you navigate the process. Below are a few of the steps you should take to update your estate plan after you remarry. (Note: these steps are not necessarily listed in order of importance.) Discuss Your Financial Situation Honesty is a crucial component of any successful marriage. As you enter into your new marital partnership, it's important to have an open conversation about your financial situation with y...