Most estate plans do not have this as a separate document. However, a good plan for a family with any child under the age of 18 years of age should have a separate document wherein a parent can nominate a guardian in an emergency, temporary and permanent situation.
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Single parents find themselves in a precarious position. If something happened to you, the future health, well-being, and financial stability of your child would be uncertain. That’s why taking the necessary steps to create an estate plan ranks among the most responsible thing you can do today. When you begin to imagine what your child’s…
Becoming a parent can be an eye-opening experience in many ways. It provides a sometimes new perspective on the bonds of unconditional love. That joy also comes with the greatest responsibility anyone can take on in their lifetime, the health, well-being, and nurturing of a child. If the notion of you not being there to…
Are you overwhelmed by everything you need to do to create an estate plan? While it’s better to have everything in place now, if that’s too much to handle and would only result in your putting everything off forever, you can try tackling just one thing each month. January: Create Your Napkin Will Start out…
As parents, we love our children unconditionally — we often think about what will happen to them when we are gone one day. Within these thoughts are nightmares of possible abandonment that our kids may face, and those scenarios can scare us to our core. Surely there are ways to plan ahead and prevent a bad…
Military professionals often have to face the prospect of austere training environments, combat, overseas deployment, and unconventional missions. Because of these risks, the need to have something substantial for family members who are left behind is vital. In the case of female servicemembers, the need to have an excellent estate plan cannot be overemphasized. Why? Often,…
For most parents, a question that might arise is “Who will take care of my child?” and of course, you think there is only one acceptable answer — yourself. In a perfect world, that’s right. In our society, however, anything can happen. You need to have a tough conversation with a professional about who might…
Do You Love Your Family? Why Guardianship Matters Today! As mothers, we love our children — it is, perhaps, our defining quality. Everything we do is for and about them in the end. But in the back of our minds, we always labor with the uneasy knowledge that if something were to happen to us,…
As you know, having guardianship papers and an estate plan set up is an important step in adulthood. But you may not realize that just as important is being familiar with your guardianship papers and estate plan. Let’s take a look at each form you might have. Living Will A living will is also…