The thought of not being around to raise your children feels crushing and too awful to consider. But if you don’t name a guardian for your children and you pass away or become incapacitated while they are minors, a judge who doesn’t know you, your children or your family will decide who raises them. Families tend to fight over children, especially if there’s money involved. And what if you have family that you don’t want raising your children? How To Choose A Guardian Consider these factors when choosing candidates for guardians and back up guardians: How well the child and potential guardian know and enjoy each other Location – if the guardian lives far away, your child would have to move from a familiar school, friends, and neighborhood. If your guardian is not…Read More
Myth #1: “Estate Planning Is Only For The Very Rich Or Old.” False! You don’t need to be rich or old to start planning. That’s because estate planning is for anyone who may pass away or get really sick. And that can happen to anyone! Estate planning is about making sure that someone can manage your finances if you’re incapacitated, your health care wishes are carried out, your kids are taken care of and that your property goes to the right people. Myth #2: “Estate Planning Is Too Expensive.” False! In fact, exactly the opposite is true. In the long run, good estate planning saves both time and money. Without an estate plan, your loved ones may have to deal with confusion, undue financial hardship and family drama, in addition to probate, which…Read More
