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Showing posts with the label Why Parents Need Estate Plans

What Happens To Your Children If You Die Without Naming A Guardian?

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As a parent, providing for your children's well-being is your single most important task. Nothing else matters as much as ensuring that your children are protected, supported, cared for, and nurtured. Unfortunately, life is unpredictable - you may not always be around to take care of your children. While we hope you live a long life and are able to see your children well into adulthood, it is important to take steps to protect them in the event that something unexpected should happen to you. Naming A Guardian No matter your age, our Lake of the Ozarks estate planning attorneys strongly encourage you to establish at least a simple estate plan as soon as you become a parent. By establishing a will, you can officially identify the person you want to care for your children in the event that you die, become incapacitated, or become otherwise unable to fulfill your parental responsibilities.  Choosing a guardian for your children is an important task, and one that should not ...