Navigating Financial Complexity and Estate Planning in Blended Families

< Back to Home

,

Blended families present distinct financial planning and estate planning challenges that require a nuanced approach. Financial planners must navigate complex family structures, competing financial obligations, and potential conflicts over asset distribution. This session will explore theoretical foundations, including Kin Selection Theory, to better understand financial behaviors in blended families. Participants will gain insights into estate planning strategies such as QTIP trusts, prenuptial/postnuptial agreements, tax considerations, and wealth transfer planning. Additionally, this session will provide practical financial planning strategies to help professionals support their clients in structuring financial and estate plans that align with their unique family dynamics.

​Learning Objectives

Upon successful completion of this learning activity, you will confidently be able to:​

• Identify key financial and estate planning challenges unique to blended families.
• Apply estate planning tools, including trusts, prenuptial agreements, and beneficiary designations, to manage competing interests in blended families.
• Utilize theoretical frameworks and financial psychology exercises to understand financial behaviors in blended families.

Presenter

Mikel Van Cleve

CFP^® CE Credit

This content is eligible for one hour of CFP^® continuing education (CE) credit.

If you hold the CFP^® mark and would like to receive CFP Board CE credit for this content, please ensure your CFP^® ID number is entered here.

The College’s Professional Recertification Program (PRP)

This content is eligible for one hour of PRP continuing education credit.

To begin, click on the button below. As you move through the content, make sure to mark each page complete by clicking on the appropriate button, and then click Next Lesson at the bottom of each page. Once you complete the entire activity, the progress bar will show 100%.

Please Rate This Course

After you’ve finished this learning, let us know what you think by providing a star rating. Here’s how to submit your star rating:

1. Click on “Write a Review”
2. Next to Rating, click on the number of stars you rate the course
3. Click on “Submit a Review”