Protecting Your Children’s Future
You are already planning for their future as soon as you have your children. Everything from what sports they play to contributing to a college fund is thought out and planned. Still, it is also necessary to plan for the unexpected.
Your priority is always going to be to protect your children. However, you can’t always be there. A comprehensive estate plan can secure your children’s future and ensure that they will be taken care of by the people you choose and in the way you want.
Attorney Bill Peterson has extensive experience with plans that involve securing a child’s future. He can answer your questions on what to look for in a guardian and help you set up trusts that secure funding for your children’s education.
Preparing Your Family For The Unexpected
No one wants to think about a life-changing accident that could take you away from your children, but plans for the worst-case scenario can provide peace of mind. One of the best ways to do this is to create an estate plan that includes everything you need to protect their future.
An estate plan can benefit your children in many ways, including:
- Naming your child’s guardian
- A trust that can secure your child’s financial future
- Designating funds for a specific purpose
Appointing a guardian for your child is one of the most important aspects of estate planning when it relates to children. A guardian is someone who has the legal right and responsibility to take care of your child and make critical decisions for them. This responsibility includes everything from food, shelter, education and medical care.
The court may decide for you if a plan isn’t in place. This could mean that your children end up with strangers as their guardians instead of the family members you would choose. Especially if you have a blended family, those designations could be vital to keeping siblings together.
Helping You Protect Your Most Important People
No matter how old your children are, we can help you draft a plan to ensure they never are without a loving caregiver and the resources they need. Contact Peterson Law Office, LLC, to schedule a consultation and discuss how we can help you. Call at 952-641-7312 or fill out an online contact form.