Tuesday, August 28, 2012

Trusts and Agreements help balance family and new relationships

We live so much longer now, many of us start a second adulthood in our 59s and 60s. Sometimes with a new career. Sometimes with a new love. Estate planning, such as with a trust or domestic partnership agreement,can balance the need to provide for a new love and the desired gifts to adult children. A domestic partnership agreement is similar to a pre-nuptial agreement and used when couples do not marry. If a couple is planning to marry or has married than pre-nuptial or post-marriage agreements are great tools to ease family relationships.