Estate Planning for Newlyweds Is Important 

According to the U.S. Census Bureau, the average age for first marriage for women and men is over 30 and 28, respectively. Couples are waiting longer to get married than in previous decades. When many individuals tie the knot, at least one already has a house, established checking and savings accounts, IRAs, retirement and investment accounts, and other assets and property.

Marriage is not only about combining two lives but also joining assets and liabilities. If you recently married, you and your spouse need to have a solid estate plan in place. A local trusts and estates attorney can help you create a robust strategy that integrates both spouses’ assets and provides financial security.

What Goes Into an Estate Plan for Newlyweds

Developing an estate plan soon after nuptials can seem daunting, but it’s important for your financial future. You can find qualified probate and estate attorneys in Cincinnati who assist clients with this process.

At Donnellon, Donnellon & Miller, we can review all the assets and property you both hold and determine how they’re titled. We look at everything from how many vehicles you have and how they are titled to your real estate title.

We can help you re-title assets or name a Transfer on Death (TOD) designee if it makes sense. We’ll also ensure proper asset transfer to the surviving spouse or other beneficiaries to help you avoid probate.

Hometown Estate and Probate Lawyers Who Help Newlyweds

If you’re a newlywed, we at Donnellon, Donnellon & Miller wish you every happiness. If you and your spouse need assistance with estate planning, we’re here to help. Given your financial situation, we’ll help you figure out what your estate plan should look like. Call us at 513.891.7087 to schedule your initial consultation. You can also use our online contact form.