Estate Planning Attorney | It\u2019s not uncommon for many older couples to be married later in life after a first marriage didn\u2019t succeed. However, many people do not realize that no matter how old you are, marriage is a major legal step that can have consequences on your will. It\u2019s important to contact an estate planning attorney who can help explain step-by-step how a marriage affects an inheritance.<\/p>\n
Regardless of whether you have a will, a spouse can claim their elective share under state laws. Florida is unique in that you cannot totally disinherit your spouse from your will, and they will likely receive up to 30 percent of all assets after paying taxes, debts and expenses. An estate planning attorney will tell you that after remarriage, if you neglect to redo your will, your spouse is still considered pretermitted and can claim part of your estate.<\/p>\n
Once you are remarried, it\u2019s important to reevaluate your will and update it accordingly. If your children from a first marriage were previously the main beneficiary, you will need to modify the will to reflect your new nuptials. Additionally, in Florida, if you don\u2019t have a will in place, your spouse will be protected. They still will receive your entire estate, assuming you don\u2019t have children together.<\/p>\n
There are a few ways to protect your child\u2019s inheritance if you are remarried. One way to do this is to give it to them directly by giving it to them in a last will and testament. This can also be done by making the child a beneficiary for assets that don\u2019t fall under the will, such as a 401K or IRA\u2019s. A trust is also a potential way to ensure your child is receiving the assets you\u2019ve designated for them.<\/p>\n
Contact The Law Office of Michelangelo Mortellaro to go over your will with a qualified estate planning attorney and ensure it meets your current needs before or after your marriage.<\/p>\n","protected":false},"excerpt":{"rendered":"
Estate Planning Attorney | It\u2019s not uncommon for many older couples to be married later in life after a first […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","footnotes":""},"categories":[858,1874],"tags":[],"class_list":["post-25609","post","type-post","status-publish","format-standard","hentry","category-estate-planning","category-estate-planning-attorney"],"yoast_head":"\n