During a divorce, most people know that their children require child support from one parent (in the majority of cases). What people don't often think about is how stepchildren are taken care of in that situation.
Naturally, the biggest mistake anyone can make when it comes to an estate plan is not having one at all. Surprisingly, 60 percent of American adults have made this error and have not written wills yet.
Many people don't believe that their children should have a say in custody arrangements. As adults, they think that they know best and that their children should go along with what they choose. However, this kind of thinking can shut down communication between you and your child.
Like many people, you may have met with your attorney, developed your estate plan, then filed the documents safely away. How long ago was that?
When it comes to important legal documents, your will is perhaps the most necessary of them all. A will protects you and the people you love in a number of ways. Not having one can threaten your estate and lead to conflict.