Planning for minor children
Who Would Care for Your Kids if You Couldn’t?
You have probably thought carefully about who to trust with your kids for an evening out, but have you considered who would care for them if something happened to you?
Surprisingly, many parents haven’t made legal plans to ensure their children’s care in their absence. Without a formal plan, complete strangers will make decisions about who will care for your children and what that looks like.
Estate planning gives you the power to hand-pick guardians, identify the people, places, and things that matter to you and allows you to lay-out clearly, what your vision for your children’s future looks like.
Let’s create a plan that not only keeps your children safe, but makes your wishes clear so that you can rest easy.
What Does Planning for Minor Children Include?
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A will is the foundation of any good estate plan. Your Will allows you to name guardians for your minor children and outline how your assets should be distributed.
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A trust holds your assets and ensures your children have financial support when they need it most-without the delays of probate.
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Legally names the person(s) you trust to care for your children if something happens to you. Without it, a stranger (the court) decides where your children go (and it may not be who you would choose).
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This plan ensures your children’s inheritance is protected from future creditors, lawsuits, or financial mistakes that they make as young adults.