Serving Families throughout Moss Point, MS and the Surrounding Areas

Times have changed. In the new millennium, whether due to the death of a spouse or through divorce, blended families now outnumber traditional nuclear families. And the number is likely to grow, based on current statistics and trends.

Many blended families face unique social, psychological and economic challenges. As a result, over 60% of second marriages end in divorce. Fortunately, there are numerous organizations and support groups dedicated to helping blended families with these challenges.

If you already have an estate plan created when you were “previously” married, then we can help bring it up-to-code to reflect your new wedding vows. Unfortunately, little attention has been paid to the critical estate planning challenges confronting blended families. These challenges include disinheriting your ex-spouse and protecting your own children.

Without proper legal planning, your ex-spouse (as surviving parent/guardian) would likely be appointed by the probate court to manage the inheritance you leave to your minor children. To make matters worse, what if your children later predecease your ex-spouse, and are single and childless at that time? Who would inherit your assets then? That is right … your ex-spouse, as the next-of-kin of your children.

Chances are you made a few solemn promises to your new spouse on your wedding day. Among them were promises to be there through thick and thin, personally and financially. In the absence of a premarital agreement to maintain separate assets, most spouses in blended families tend to blend their wealth. For example, they title their respective assets in the names of both spouses and also designate one another as the primary beneficiary of their respective retirement plans and life insurance policies.

Warning: If you predecease your new spouse, then you may forever disinherit your own children from your share of such blended wealth! Thereafter, upon the death of your new spouse, your assets may be inherited by your stepchildren, or even by your new spouse›s next spouse and their children. Yes, things can get complicated – and fast!

Regardless of whether children are reared in a traditional nuclear family or in a blended family, great care should be given to protect any inheritance both for them and from them. For starters, wealth representing a lifetime of your hard work and thrift can be squandered in very short order. Dollars earned just spend differently than dollars inherited. In addition to good old-fashioned squandering, an inheritance can quickly vanish through divorces, lawsuits and bankruptcies.

Fortunately, with proper (and very careful) estate planning, you can both honor your vows to your new spouse and provide an inheritance that is protected for and even from your own children.

Testimonials

Mary Sue

They are courteous, friendly, knowledgeable and willing to assist in other legal services you might know you need.  – Mary Sue

Genevieve

I would and have recommended the Perkins Law Group to family and friends in need of top notch legal advice for their Estate Planning needs. Their communications with clients and their processes are thorough, and their follow through is timely. It was a pleasure working with Matt and his team. – Genevieve

Denise

Met Matt first time from a referral of a distant family member. I was nervous, and grieving, and he made it so easy and helpful to guide and assist me and my sister’s with our Father’s estate. A Very patient and kind-hearted gentleman. Very professional and I would absolutly refer him to anyone. -With sincerity

Ruth

Matthew Perkins was the lawyer I chose to handle the settling of my daughter’s estate, and I am certainly glad I did. I had plenty of questions, and he always had an answer for me. When I contacted him or his office, I always received a timely response. He is young, energetic, intelligent, professional, and very knowledgeable. One of the things I admire most about him is that he is willing to take on new challenges. Hiring Matthew Perkins to handle this legal matter was a very wise choice. I would recommend him if you are looking for a lawyer who will take the time to sit down and explain things to you. He never left me in the dark as we went through the necessary steps to set up and then close the estate. I could not be more pleased with the professionalism that I received from Matthew Perkins. If you are in need of the services of an attorney, at least set up a consultation with him. I believe that you will be very impressed with his can-do attitude. If I need legal services in the future, Matthew Perkins is definitely the attorney that I plan to hire.

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