Estate Planning for Families with Children
If you are a family with young children, your estate plan should begin with a foundation that ensures your children will always be taken care of, no matter what. At The Law Office of Trent Linville, we know how to help you plan and prepare so you can have peace of mind that your kids will be taken care of if something unexpected happens to you.
Planning for your young children is much more than just naming a guardian. It’s about making sure you have a plan in place for anything life throws at you.
Without advance legal planning for your children, if the unthinkable happens to you, here’s what could happen:
Your children could be placed into the custody and care of someone you would never want. We often have that one family member with good intentions, but you never want them to raise your kids.
A judge who doesn’t know you or your family will decide who will raise your kids, even if it’s the last person you would want.
Your family could get into a long, drawn-out custody fight, or there could be a challenge to the guardians you have designated.
You could lose a portion of your assets to court costs and other unnecessary fees through the probate process. Probate can tie up your assets for months or years and deprive your kids of the resources they need to live comfortably, which can be avoided with advanced legal planning.
When your kids turn 18, they get a check for whatever assets are left.
There are unscrupulous people out there who make it their business to look at the public records to find out when 18yr olds are getting that inheritance check.
Many estate planning attorneys do not address these issues or plan from a parent’s perspective.
Yes, these things scare us too. That’s why we offer Kids Protection Planning with every estate plan we prepare for families with young children. Click the button below to make an appointment to start the easy process of protecting your family no matter what life throws at you.