Being a parent comes with many responsibilities, and we often take for granted all the work that being a parent requires. Have you thought about what will happen to your children if something should happen to you?
As Rochelle’s previous blog entry explained that if you don’t name someone to care for your children in a will, then a court would appoint someone to act as guardian. And that doesn’t mean the court will appoint the best person for the job.
As a mother of two young children I understand how difficult it is to think about a guardian for your children, and ultimately no one couldreplace a parent; however, it’s better to make your wishes known—you are electing someone to best care for your children and whom you feel would be best for the job.
Still not sure who to appoint? I’d like to provide some guidance to help you decide. A good choice is often a trusted sibling or close friend(s). And you don’t have to name just one—you can list multiple people in the order of priority you want them. Maybe you want to list your own parents as contingent guardians.
If you are blessed with many loving family members / friends and are concerned about “playing favorites” or hurting feelings just rememberthat you are acting in the best interests of your kids. And if that is the only thing holding you back, then it’s up to you to decide whether you want to make that difficult decision now or leave behind the potential for a court battle—which you probably don’t want for your children.
You can always write a letter(s) to the people you appoint or don’t appoint explaining your choice.
For many people, the main reason for not having an estate plan in place is simple procrastination. What are you waiting for? Our office offers complimentary consultations so please feel free to contact us with any questions.
