Making sure that our children are protected in an integral part of our Estate Planning Process.
Families with minor children have specific needs that must be addressed in their Estate Plan. Some of the issues we address are:
1. Who cares for the minor children if an emergency occurs and parents do not return home right away?
2. Who cares or continues to raiser the minor children if the parents won’t return home (pass away)?
3. Who will manage the minor children’s money until they are of age and responsible to do it themselves?
4. How can the parents provide enough for support of those children if they cannot longer work or they pass away?
There is more to Estate Planning than just planning to protect assets and care for ourselves. Planning also includes protecting that most precious asset that is priceless, our children.