Estate Plan- If you remarry….

When a parent remarries, it’s time to update his or her estate plan to reflect combined families and changes. In addition to a new will, advance directives, and new durable powers of attorney for financial and health care, the updated estate plan should ensure that your parent’s inheritance wishes are carried out.

For example, the new estate plan can include a plan stating that if one spouse dies and the other remarries, the remarrying spouse must execute a premarital agreement that protects assets from the previous marriage and shields children from that marriage or a previous marriage from disinheritance.