
This transcription was AI generated
Transcription:
00:00:00 – 00:00:57
It’s become very common to have stepchildren. People will come in and say, “I’ve got two from my first marriage. My wife has one from her first marriage. How do I make sure they’re treated fairly and evenly?” Or, “I don’t want her kids to have anything.” The first one is easy. You write a will that just divides everything up. Typical will is if I die, everything goes to my spouse. If she’s not there, then divide it up amongst my kids. You would just say divide it up amongst those three.
00:00:29 – 00:01:23
The problem arises when you don’t want that. When she gets the assets, she can decide that her kids get the assets and your kids are excluded. So, what you want to do is set up a trust that sets forth exactly what you want and make sure that your kids are taken care of the way you want your kids to be taken care of. If you want to discuss this or any other matter, including probate, give me a call. We’ll set something up.