While having a Will ensures that your assets will be distributed according to your wishes when you die, it also ensures that your children will be cared for by someone you trust.
Thinking about who to appoint as the guardian of your children can be difficult and heartbreaking, but it is an important thought to have. By naming a guardian in your Will, you will have peace of mind in knowing that your children will be looked after by someone who loves them, by someone who wants them, and by someone who can care for them. You do not want your family to deal with a traumatic and costly custody dispute, arguing over who is best fit to act as guardian or over who they think you would have appointed.
From a legal standpoint, your Will is not the only document that you should consider creating. We also suggest creating a Personal Directive and Power of Attorney. Your Personal Directive appoints a guardian to care for your children in the event that you lose mental capacity (it also appoints an Agent to make your healthcare decisions). Your Power of Attorney will appoint an Attorney to make decisions regarding your finances and use your money to support your children.
If you are a new parent in need of a Will, Personal Directive or Power of Attorney, please contact our office today. We will help ensure that your minor child is cared for in the event that you pass away and will answer any questions that you may have. Remember, we are here to help!