How to Plan for a Generational Wealth Transfer When You Have a Blended Family

Day Pitney Trusts and Estates Partner Tasha K. Dickinson was featured in a Q&A article, "How to Plan for a Generational Wealth Transfer When You Have a Blended Family," by GOBankingRates.

When asked about putting an impartial third-party in charge, Dickinson commented, "For families who insist on having family members from both sides of the family involved in these types of roles, it is best to have equal representation from both sides of the family, along with an independent person to step in to make decisions in the event that the two family sides cannot agree. With a carefully drafted estate plan, however, these types of issues can be mitigated so that there aren't inherent conflicts between family members."

Read the full interview here.