Mistake #8: Not Making a plan that financially provides for your children.

The Eighth common mistake parents make when Naming Guardians for their Children is Not Making a plan that financially provides for the children.

You are responsible for supporting your children an nobody else is obligated to support them. Your chosen guardians do not have to be financially able to provide for your children to be the right choice of guardians. Even if financially able, your guardians shall not have to be responsible for supporinting your children.

It is thus your responsiblity, to make a plan and make sure your kids are financially covered .

If you are thinking now that it is not possible for you to leave enough money to raise your children to majority if something happened to you within not so long a time, then know that it is very possible.

Proper planning can ensure your children will always have the financial support they need even if you are not around.

Give us the opportunity and we will guide you through the options so you can rest easy knowing money will not be an issue.

Remember, estate planning is not just about a Will, it entails all the protections your family may need. Think ahead, plan and make sure you protect them in the right way. Enjoy your peace of mind knowing they are protected.

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THIS POST IS PART OF A SERIES: Ten Top Mistakes Families with Children make in Most Estate Plans. Mistake #1: Not Having Written Instructions. Mistake #2: Not Naming Guardians for the Short Term Mistake #3: Not Naming Alternate Guardians Mistake #4: If Naming couples as guardians, be very careful naming alternates Mistake #5: Naming Couples without specifying if one of them can be the alternate. Mistake #6: Proper instructions for the babysitter. Mistake #7: Not Having Instructions for the Babysitter.

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