Do It Now: Name a Guardian for Your Minor Child(ren)

We know it’s hard.  Thinking about someone else raising your children can stop you in your tracks.  It feels crushing and too horrific to consider.  But you must.  If you don’t, a stranger will determine who raises your children if something happens to you – your children’s guardian could be a relative you despise or even a stranger you’ve never met. No one will ever be you or parent exactly like you, but more than likely, there is someone you know that could do a decent job providing for your children’s general welfare, education, and medical needs if you are [...]

By |2021-09-21T17:45:29+00:00April 5th, 2019|Categories: Estate Planning, Guardianship|Tags: , , |0 Comments

How to Leave Your Life Insurance and Retirement Plan to Your Minor Children

Your children are your pride and joy.  It is no surprise that at some point or another, every parent likely becomes concerned about who will care for a minor child or children if one or both parents die or are incapacitated.  From a financial perspective, many parents turn to life insurance in an effort to take care of their family in the event of death.  While it is true that life insurance is a particularly helpful financial tool to protect your loved ones, it is just as important to consider how to leave the proceeds to your minor children.  Beyond [...]

One Call You Must Make After You Buy a Home (That You’ve Probably Forgotten)

During the home buying process, you worked with a lot of individuals: your realtor, the seller’s realtor, the title company, the loan officer, and the home inspector.  Now that you have finalized the purchase of your house, there is one more expert you need to call: your estate planning attorney. Aligning Your Ownership with Existing Estate Planning First, your attorney can help you review the new documents associated with your home purchase in conjunction with your existing estate plan to ensure that everything aligns and works towards your overall estate planning objectives.  If your existing estate plans include a trust [...]

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