WILL FOR BLENDED FAMILY
Crafted by legal professionals in Australia, our documents are not only legally sound but also easily customisable to suit your specific requirements. With each purchase, receive a free legal drafting booklet to guide you through the editing process seamlessly.
![online advertising agreement Online Advertising Agreement](https://precedentsonline.com.au/wp-content/uploads/2024/06/1-0d4b5294-ecd1-446e-9a2f-4a45305dca0e-512x512.jpg)
COMPREHENSIVE COVERAGE
Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā
Ensuring you have everything you need in one place.
FREE WITH EVERY PURCHASE
Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā
Our legal drafting booklet to guide you through the necessary steps in editing your documents.
EASY CUSTOMISATION
Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā
Each document is designed to be easily editable, allowing you to tailor the agreements to your specific needs without hassle.
LEGALLY SOUND
Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā
All our documents are crafted by legal professionals and adhere to Australian legal standards, giving you confidence in their validity.
SUITABILITY
Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā
AUSTRALIA
WILL FOR BLENDED FAMILIES
A blended family is a family in which one or both partners have a child or children from a previous relationship. Careful estate planning now should ensure that all of your intended beneficiaries are provided for when you die and that the potential for conflict within the family unit is minimised.
Wills involving a husband and a wife with one or more children of their marriage generally make wills of a fairly standard nature ā they leave their assets to each other, or failing that they leave their mutual assets to their children.
WILL FOR BLENDED FAMILIES
Will for Blended Family is drawn up when when two partners come together with one or both partners having children from a previous relationship.
Your Download Includes:
Joint WIll (7 pages)
Will Signing Instructions
Free Legal Drafting Booklet to help guide you through the process.
A will for a blended family is a legal document that outlines the distribution of assets and the care of minor children after the death of one or both parents in a family where one or both spouses have children from previous relationships. Blended families can present unique challenges in estate planning, as there may be competing interests between the surviving spouse, biological children, and stepchildren.
- Fair and Balanced Distribution:
- It’s important to clearly define how assets will be distributed among biological children, stepchildren, and the surviving spouse. This might involve equal distribution, or it could mean setting aside specific assets for biological children or the surviving spouse.
- Providing for the Surviving Spouse:
- You might want to ensure that your surviving spouse is taken care of while also protecting the inheritance of your biological children. This could be done through a life estate, where the spouse has the right to live in a home for the rest of their life, with the property then passing to the children after the spouse’s death.
- Trusts:
- Trusts can be particularly useful in blended families.
- A family trust can also be set up to benefit both the surviving spouse and children, with specific rules on how and when distributions are made.
- Guardianship of Minor Children:
- If there are minor children involved, itās crucial to specify who will become their guardian if both parents pass away. This can be particularly complex in blended families if there are children from different relationships.
- Specific Bequests:
- If you want to leave certain assets to specific individuals (e.g., family heirlooms to biological children), it’s important to specify this clearly in the will.
- Life Insurance and Retirement Accounts:
- Ensure that beneficiary designations on life insurance policies, retirement accounts, and other payable-on-death accounts align with your overall estate plan. These assets typically pass outside of the will, so it’s important they reflect your wishes.
- Consider the Risk of Disputes:
- Blended families can sometimes lead to disputes over inheritance. Being as clear and specific as possible in your will, and discussing your plans with family members, can help mitigate potential conflicts.
- Review and Update Regularly:
- Life circumstances can change (e.g., remarriage, the birth of a new child, or a change in financial situation), so itās important to review and update your will regularly to reflect your current wishes and family dynamics.
INCLUDES GST
Included Free With Purchase
Will ChecklistĀ
Will Signing Instructions
Will signing instructionsĀ refer to the specific guidelines and steps that must be followed when signing a will to ensure that it is legally valid and enforceable.
PREVIEW SAMPLE
ABOUT US
Established since 2015, Precedents Online leads the industry with a diverse collection of over 300 legal templates. Our legal documents, meticulously crafted by practicing Solicitors and renowned legal authors, provide you with the precise solutions you seek. Step into a world where legal paperwork is made easy .
Precedents Online, helping you draft like a pro! Receive a free handbook with any purchase of our customisable legal document templates.Ā Start drafting with confidence using our expertly crafted precedents with our bonus guidebook.
CHOOSE YOUR TEMPLATE
Template Only
- Legal Template
- Legal Drafting Handbook
Document Review
- Click here for a quote from our independent law firm to discuss your requirements after template purchase.