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What’s Love Got to do with it? – Estate planning for Second Marriages
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Attorney Suzanne Sayward discusses What’s Love Got to do with it? – Estate planning for Second Marriages, for our Smart Counsel for Lunch Series. Please watch and if you have any questions or want to learn more please call us at 781 461-1020.
As June is sometimes referred to as ‘wedding season’, what better time to talk about critical planning for those who dip their toes into the legal status of ‘married’ for the second (or third, or fourth) time.
Marriage is not just about declaring your love in the presence of your family and friends. Marriage is a legal contract which creates certain rights and obligations under the law for those who enter into that contract. While most people understand that divorce results in a couple’s assets being divided between them as a court determines if they cannot agree to terms themselves, not everyone is aware that marriage creates rights in a surviving spouse as well, and unlike divorce, it doesn’t matter whether it was a 2-week long marriage or a 2-decade long marriage.
As June is sometimes referred to as ‘wedding season’, what better time to talk about critical planning for those who dip their toes into the legal status of ‘married’ for the second (or third, or fourth) time.
Marriage is not just about declaring your love in the presence of your family and friends. Marriage is a legal contract which creates certain rights and obligations under the law for those who enter into that contract. While most people understand that divorce results in a couple’s assets being divided between them as a court determines if they cannot agree to terms themselves, not everyone is aware that marriage creates rights in a surviving spouse as well, and unlike divorce, it doesn’t matter whether it was a 2-week long marriage or a 2-decade long marriage.