ESTATE PLANNING FOR PARENTS OF MINOR CHILDREN
If you are a parent of minor children, they are your most cherished responsibility. Have you planned for their care if something happens to you and their other parent?
You have the power to choose who will care for your children (their guardians) if you or their other parent cannot. Alternatively, you can leave this decision to a judge who may not understand your family's unique dynamics. Proper estate planning empowers you to select the guardians who will raise your children with love and according to your values.
If you're separated, divorced, or never married to the surviving biological parent of your children, that parent typically remains their guardian unless a court finds them unfit. However, it's still crucial to make thoughtful decisions about guardianship in case your children face a situation where neither parent can care for them.
Let us help you create a thorough plan to ensure your children are cared for by the people you trust most. Contact us today to secure your children's future.
You also have the power to choose who will act as financial fiduciaries for your children in your absence. A fiduciary is a person or institution legally responsible for the financial affairs of another. Fiduciaries are held to the highest standards of care and loyalty.
Consider who will manage any inheritance left upon your death. Proper estate planning allows you to address these important considerations and ensure your wishes are clear and legally binding.
Selecting guardians and fiduciaries is essential for the physical and financial well-being of your minor children.
Only you can make these decisions through proper estate planning.
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