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Kiplinger
Kiplinger
Business
Adam Frank

Creating a Blended Family? Three Key Steps to Consider

A blended family smile and laugh as they jockey for position on a bench in a park.

A “blended family” can mean different things depending on who you ask. It can consist of two adults, children they have together and children they’ve had with previous partners. But it can also include ex-spouses, ex-in-laws and unmarried parents — and all of the emotions that come with these relationships. Planning your finances in this context can, understandably, feel overwhelming.

If you’re entering a blended family, or are already a part of one, here are some key considerations for planning your finances.

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