Welcome to Episode 282 of NK Podcast! In this insightful episode, hosts David and Lori are joined by returning guest Mikel Van Cleve, a certified financial planner with a focus on blended family dynamics.  Mikel was previously on episode 273 where he discussed his blended family experience. Today, we delve deep into the intricacies of estate planning, financial transparency, and the unique challenges faced by blended families.

Mikel shares his expert advice on finding qualified estate attorneys and financial planners who truly understand the complexities involved. 

We'll explore topics such as the importance of having clear estate documents, preventing unintentional disinheritance, the emotional sensitivities in blended families, and practical tips for managing joint and separate finances. Mikel also touches on his ongoing research into financial infidelity and wealth transfer within blended families, offering listeners credible resources for further guidance.

Lastly, join Lori and David as they announce their upcoming visit to Scottsdale, Arizona, and invite listeners to connect with them. With humor and valuable insights, this episode aims to equip you with the knowledge to navigate the financial and emotional terrain of blended families. Don't miss out!

 

In this episode, we discuss:

• Importance of using a financial planner with blended family experience

• Discussions to have with your partner sooner rather than later

• What’s fair/equal

• Communication is key

• Updating estate documents 

Nacho Kids Academy Success Story:

“Helped Me Understand My Role as a Stepfather”

"Being a stepfather is tough, especially when you're trying to figure out where you fit in. Nacho Kids Academy helped me understand my role and gave me the tools to communicate better with my wife and her kids. It’s been a huge help in reducing the stress in our family and strengthening my relationship with my wife."

— David K., Stepfather of 2