Wills and Estate Planning Adelaide: Estate Planning after your First Marriage
Estate planning for your second or subsequent marriage is more of a challenge than it was the first time around.
If you have children from your first marriage, then those kids may have an entirely justified concern that their new step-parent could throw a big roadblock in the path of their inheritance.
When you got married again, it automatically revoked your previous Wills. If you don’t make a new Will after the latest marriage, the law of the State where you live will create a default Will for you, according to a statutory formula which probably won’t suit your intentions.