estate planning ad
Open/Close Menu We provide comprehensive planning to manage and protect clients’ assets for their family and other beneficiaries. We invite you to contact us for a consultation to learn how we may be able to help you with your estate planning needs, business succession planning or probate/trust administration matters.

In our previous blog, we discussed the general challenges of estate planning for blended families and why careful planning is essential. Now, let’s delve into specific types of trusts that can help you navigate these complexities while protecting your loved ones and honoring your wishes.

Qualified Terminable Interest Property Trust (QTIP)

A QTIP Trust offers an excellent solution for providing financial support to your surviving spouse while ensuring that your assets are distributed according to your wishes after their passing.

  • How It Works: The QTIP Trust generates income for your surviving spouse during their lifetime. After they pass, the remaining assets are distributed to your children from a previous marriage or shared children, based on your predetermined instructions.
  • Protecting Minor Children: If your children from a prior marriage are still young, the QTIP Trust’s assets can be transferred into another trust managed by an independent trustee, preventing an ex-spouse from gaining control of the inheritance.

Long-Term Discretionary Trust (LTD Trust)

A Long-Term Discretionary Trust provides enhanced control over your children’s inheritance.

  • Independent Trustee: You can appoint a trusted individual or professional as the trustee, ensuring that the inheritance is used solely for your children’s benefit, even if they reside with an ex-spouse.
  • Multigenerational Protection: If one of your children predeceases your ex-spouse, the inheritance can remain in the LTD Trust for your grandchildren or other beneficiaries of your choosing.
  • Spendthrift Provisions: This feature protects inherited assets from being squandered due to reckless spending, divorces, lawsuits, or bankruptcies, ensuring your children’s financial security for the long term.

Estate Tax Exemption Trust (ETE Trust)

An Estate Tax Exemption Trust is a powerful tool for minimizing estate taxes and maximizing the inheritance available for your loved ones.

  • Tax Efficiency: This trust shelters the maximum allowable exemption amount upon your death, ensuring that your assets are not unnecessarily reduced by estate taxes.
  • Complementing the QTIP Trust: Often used in conjunction with a QTIP Trust, an ETE Trust ensures that both your spouse and your children benefit from tax-efficient planning.

Tailored Planning for Your Unique Family

Every blended family has unique dynamics, and a one-size-fits-all approach simply won’t do. By leveraging these trust options, you can protect your loved ones, provide for your spouse, and ensure your wishes are respected long after you’re gone.

At Axis Estate Planning, we understand the challenges of planning for blended families and are here to help you navigate every step of the process.

Contact us today to schedule a consultation and learn how these trusts can address your specific concerns and goals.

Call (248) 920-9398 or visit www.axisattorneys.com to get started.



Blended families are beautiful, but they often come with unique challenges when it comes to estate planning. Balancing the interests of a current spouse, mutual children, and children from a previous marriage requires careful thought and a solid plan. Without it, your wishes may go unfulfilled, leading to unintended consequences and even conflict within the family.

Here’s why proper estate planning is essential for blended families and how you can protect everyone you love.

Why Estate Planning Matters for Blended Families

Without an estate plan, the default laws of inheritance (known as intestacy laws) often take over. These laws may split your estate in ways you didn’t intend. For example:

  • Assets Left Solely to a New Spouse: If you leave everything to your current spouse, children from a previous marriage could be unintentionally excluded, as there’s no legal obligation for a step-parent to provide for stepchildren.
  • Assets Left Solely to Children from a Previous Marriage: Conversely, leaving assets only to your prior children could leave your current spouse and mutual children financially vulnerable.
  • Intestacy Rules: In the absence of a will or trust, intestacy rules may direct up to two-thirds of your estate to children from a previous marriage—regardless of their financial needs—leaving your current spouse and minor children underprovided for.

In some cases, minors from a prior marriage could even have an ex-spouse gaining control over the assets. The emotional and financial repercussions of these scenarios can be significant.

The Role of Trusts in Blended Family Planning

While a will is a basic estate planning tool, blended families benefit most from using trusts. Trusts allow for a more nuanced and flexible distribution of assets, ensuring your wishes are honored while minimizing conflict.

  • Protecting Your Current Spouse: Trusts can provide financial support to a surviving spouse while safeguarding a portion of assets for children from a previous marriage.
  • Ensuring Children Are Provided For: Trusts can designate specific amounts or percentages of your estate for your prior children, ensuring they receive what you intend.
  • Avoiding Probate: Unlike wills, trusts avoid the costly and time-consuming probate process, offering privacy and efficiency.

A properly designed trust or combination of trusts is often the best solution to meet the needs of everyone involved in a blended family.

Plan Now, Protect Later

Even in harmonious blended families, failure to create a comprehensive estate plan can lead to unintended consequences. Planning ahead ensures that your spouse, children, and stepchildren are all cared for according to your wishes.

At Axis Estate Planning, we specialize in crafting estate plans tailored to the unique needs of blended families. From wills to trusts, we’ll work with you to ensure that your legacy is preserved and your family is protected.

Contact us today to schedule a consultation and learn more about trust options that can secure your family’s future.

Call (248) 920-9398 or visit www.axisattorneys.com to get started.

*Disclaimer: The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information on this website is not intended to create, and receipt or viewing of this information does not constitute, an attorney-client relationship.

© 2024 Axis Estate Planning | Sitemap | Privacy Policy
Our clients benefit from the judgment and experience of attorneys who deliver the highest quality legal services including Guardianship, Living Trust, Wills and Trusts, Estate Planning, Revocable Trust, Elder Law, Asset Protection, Durable Power of Attorney, Elder Care Attorney, Wills and Estate Planning, Estate Trust, Medicaid Application Assistance, Conservatorship, Estate Tax Planning, Probate Trust Administration, Long Term Care Planning, Probate Law, and more