How to Protect Your Children with a Will Today
Having a personal will in place becomes increasingly more important once children are in the picture. There are many reasons why a will is an important protection for your children’s and family’s future. We discuss this below and show how Legal Corner subscribers have help available at the click of their mouse.
It is vital to have potential guardians for minor children named in your will should you pass away. If you do not have a will in place assigning guardianship it is likely the state will decide who takes care of your children. That decision may not necessarily be the same one you would make as a parent.
A will lets you determine how your remaining assets will be managed, or, in other words, spent or used. That includes how you want your surviving children to be raised, educated and cared for via those assets by the designated guardian you appointed.
In order for your children to have access to your assets, you must provide financial protection through making them beneficiaries of your will. The last thing you want to happen is to have family fighting over who gets what when your kids are dealing with an already very difficult circumstance.
As a Legal Corner subscriber, you have FREE access to a half hour initial consultation and access to our credentialed attorney network. Most LegalEASE plan members have will creation 100% covered to help with the cost of attorney assistance.Now that you know you need a will how do you decide what type of will you should have for your family? Stay tuned to find out as we discuss this in future posts.
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