Friday’s Food for Thought:
As parents, we devote extraordinary time, energy, & resources to providing our children: we help them study for spelling tests; we arrange our schedules to make sure they’re at soccer practice on time; we comb through food labels at the supermarket to make sure the food they eat is healthy; & we sacrifice our weekends to tournaments & birthday parties. Despite all we do as parents, many of us delay or avoid planning for who will care for our children in the event that we die/are incapacitated before our children turn 18 because it’s unpleasant to even consider.
That said, if you don’t actively plan for this possibility, a judge who doesn’t know you or your family will decide who to appoint as your children’s legal guardian, & they may not select the same person that you would. This article provides 7 key points to consider when deciding who to name in your will as your child’s guardian: https://www.thebalance.com/how-to-choose-a-guardian-for-your-minor-children-3505435
Call us at 518-313-7809 to schedule a consult to discuss how an estate plan can provide for minor children.