There’s nothing wrong with planning for your children’s futures. As a parent, you want to ensure that you are doing everything you can for your children. Guardianship is one of the most vital aspects of estate planning, and it is something that you shouldn’t overlook. Planning for your children can include guardianship, as well as asset distribution and more. Understanding what’s right for your situation is vital, and our team at The Law Office of Nicole Israel, PLLC is ready to help you understand what’s best for you.
Why Name a Guardian In Estate Planning?
If you don’t name a guardian, the courts will decide who will look after your child should you pass away.
Naming a guardian gives your person of choice priority over anyone other than a natural parent.
You should also consider if the guardian can financially care for your children. If you are unsure of what to look for when choosing a guardian, speak with a lawyer!
Planning for your children also means choosing the assets they will receive as your beneficiaries. You should think about your children’s futures, determining whether they have the finances to go to college, if they receive real estate, and when they get access to specific funds that you may leave as part of your will or trust. If your children are minors, you can also designate when they can receive assets.
If you are unsure of how to leave assets to your children and protect them from probate or estate tax, be sure to speak with a lawyer. Having an estate planning lawyer on your side can give you peace of mind as you look after your children and their future following your passing.
Are you looking for a legal professional to help you set up guardianship and other estate planning documents to prepare your children for the future? At The Law Office of Nicole Israel, PLLC, we take a different approach to help you. We have three levels of planning that fit you and your family during your time of need.
Choosing our team means you get:
Personalized services and fees
Solutions that meet your best interests
We’re ready to stand in your corner and prepare for your future to preserve your wealth and your legacy. It doesn’t matter how much money you have or how many assets you own, protecting your children is enough reason to consider estate planning. The Law Office of Nicole Israel, PLLC is here when you need us.
Call us today to discuss your estate planning needs and learn how we can help you!