For years the goals set for estate planning has been primarily the creation of legal documents or in some cases implementation of tax strategies. While those are critically important financially and to avoid probate complications, there are other planning items that are often overlooked. The largest of the consistently overlooked
Most everyone has heard the dismal statistics on the divorce rate. Depending on which study you consult, between 40% and 50% of married couples divorce. The rate of divorce for second marriages is even higher. What few people consider is the impact those statistics can have on their estate plans.