As a new parent, it is critical to plan for the unexpected. Though uncomfortable to think about, an estate plan will protect your children should you pass away before they turn 18.
An estate plan will not only provide for your children financially, it will ensure your children’s needs are met by establishing a legal guardian. In the event you and your spouse both pass away without an estate plan, state laws regarding custody of minor children will determine who will provide for them and where they will end up. An estate plan is especially important if you have children with special needs.
For most families, a comprehensive estate plan consists of four key elements: a will, financial powers of attorney, medical powers of attorney, and a family trust.
Though the process may seem overwhelming, Kendal Law Group aims to demystify everything estate planning. We can quickly customize an estate plan to meet your family’s needs, typically within two weeks. Please contact us to set up your initial consultation.