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  • Home
  • About Us
    • Gratia Schoemakers
      • Community Outreach Program
    • Testimonials
  • Virtual Services
  • Estate Planning
    • Estate Planning Basics
    • Last Will and Testament
    • Revocable Living Trusts
    • Durable Power of Attorney
    • Medical Power of Attorney
    • Living Will
    • Family Estate Planning
    • LGBTQ Estate Planning & Asset Protection
    • Kids Safety Plan™
    • Business Succession Planning
    • Guardianship
      • Guardianship Planning
    • Special Needs Planning
    • Legacy Preservation Planning
    • Asset Protection
    • Trusts
    • Pet Trusts
    • Gun Trusts
  • Probate
    • Texas Probate Guide
    • Probate of a Will
    • Texas Affidavit of Heirship
    • Texas Small Estate Affidavit
    • Texas Heirship Determination
    • Texas Muniment of Title
    • Trust Administration
  • Family Law
    • Divorce
    • Collaborative Divorce
    • Mediation
    • Custody / Visitation
  • Blog
  • FAQs
    • FAQs – Videos
    • FAQs – Estate Planning
    • FAQs – Beyond Money in Estate Planning
    • FAQs – Divorce and Estate Planning FAQs and Myths
    • FAQs – Estate Planning for Newlyweds Myths and FAQs
    • FAQs – Estate Planning for Young Adults
    • FAQs – The Estate Planning Cast of Characters
    • FAQs – Expecting an Inheritance
    • FAQs – Myths and FAQs – Planning for Conflict Prone Families
    • FAQs – New and Expanding Families
    • FAQs – Pet Trusts
    • FAQs – Probate
    • FAQs – Standalone Retirement Trust Myths and FAQs
    • FAQs – Trust Modifications
    • FAQs – Unwinding Obsolete Planning
    • FAQs – Why You Want to Avoid Probate
    • FAQs – Year-End Planning Myths and FAQs
  • Contact
    • Virtual Estate Planning Login
    • Client Portal

Minor Children

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

April 5, 2019 By Gratia P. Schoemakers, Esq.

angel guardian and child

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 […]

Filed Under: Estate Planning, Guardianship Tagged With: Children, Guardians, Minor Children, Tips

Parental Warning: If You Own Your Property This Way, You May Accidentally Disinherit Your Own Children

March 8, 2019 By Gratia P. Schoemakers, Esq.

Error

Owning property as Joint Tenants with Right of Survivorship is easy, common, and often disastrous.  Sadly, children – both minor and adult – are often disinherited. While there are several forms of joint ownership, the one most people use (and the one considered in this discussion) is called “Joint Ownership with Right of Survivorship.” When […]

Filed Under: Estate Planning, Home/Property Ownership Tagged With: Adult Children, Children, Disinheriting, Minor Children, Probate, Trust, Will

What Estate Planning Awareness Means For You

October 15, 2018 By Gratia P. Schoemakers, Esq.

The third week of October is National Estate Planning Awareness Week (Oct. 15-21, 2018). Estate planning is important for everyone regardless of wealth or family status because if you become incapacity or pass away without an estate plan, you are leaving the distribution of your assets subject to state law – and the results may […]

Filed Under: Design, Estate Planning Tagged With: Children, Minor Children, Pets, Trust, Will

Should Your Child’s Guardian and Trustee be the Same Person?

August 23, 2018 By Gratia P. Schoemakers, Esq.

mother 84628 1920

If you have overheard any discussion about estate planning, you have likely heard the words “guardian” or “trustee” tossed around in the conversation.  When it comes to estate planning, who will be ultimately in charge of your minor child is an important decision that requires consideration of many factors.  Although there is no substitute for […]

Filed Under: Estate Planning, Guardianship Tagged With: Children, Estate Plan, Guardians, Minor Children, Tips, Trust, Trustee

Five Considerations When Selecting a Guardian for Your Children

August 23, 2018 By Gratia P. Schoemakers, Esq.

girl 3402351 1920

There is no question that having children changes everything — and estate planning is no exception.  If you and your spouse pass away or become legally incapacitated, and arrangements were never made in the event of such an emergency, your minor child or children will have to be placed with a new family.  Not surprisingly, […]

Filed Under: Estate Planning, Guardianship Tagged With: Children, Estate Plan, Guardians, Minor Children, Tips

Protecting Your Children’s Inheritance When You are Divorced

August 23, 2018 By Gratia P. Schoemakers, Esq.

sorry rose

Consider this story.  Beth’s divorce from her husband was recently finalized.  Her most valuable assets are her retirement plan at work and her life insurance policy.  She updated the beneficiary designations on both to be her two minor children.  She did not want her ex-husband to receive the money. Beth passes away one year after […]

Filed Under: Divorce, Estate Planning, Trusts Tagged With: Children, Estate Plan, Inheritance, Minor Children, Mistakes, Trust

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

August 23, 2018 By Gratia P. Schoemakers, Esq.

people 2566854 1920

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 […]

Filed Under: Estate Planning, Retirement Tagged With: Assets, Beneficiaries, Children, Guardians, Insurance, Life Insurance, Minor Children, Tips, Trust

IRAs, Annuities, and Guardianship – Providing for Your Minor Children After You Die

July 16, 2018 By Gratia P. Schoemakers, Esq.

IRAs, Annuities and Guardianship: Providing for Your Minor Children after You Die Deciding on a guardian for your minor children may very well be the most vexing decision you’ll make regarding your estate planning.  Not only must you trust the appointed guardian to raise your children as you’d want them raised, but you also need […]

Filed Under: Estate Planning, Guardianship Tagged With: Annuity, Children, Inheritance, IRA, Minor Children, Trust

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