Estate Planning Isn’t Just For The Elderly

Happy, smiling couple in their sixties.

Choosing a guardian for minor children an important task for new parents

On Behalf of | Apr 24, 2020 | Guardianships

New parents in White Plains are overjoyed with their baby and excited about their future together. Their lives have changed dramatically in just a few months and their world now revolves around their new bundle of joy. With all the preparing that went into the birth of their baby now may be the time to consider executing a will and naming a guardian as well.

No one wants to think about what would happen to their child if they become incapacitated. An unexpected accident or serious medical condition could turn a family’s world upside down. Although these events are rare, preparing for them to happen can offer a family peace of mind. Establishing a guardian for a person’s children in their will is a smart estate planning component.

If a person dies without a will and guardian in place there is a process in which a guardian will be appointed. An interested party will petition the court to be the guardian. If a guardian is not designated in the will the person who comes forward may not be the one the parent would have chosen. A legal professional who is skilled in estate planning can be a good resource for parents. An attorney can recommend the necessary estate planning components a family should establish based on their circumstances. An attorney can advise their client on what estate planning tools are necessary and how they can protect their children in case something happens.

Parents in the White Plains area should understand the importance of estate planning in ensuring their children will be well-taken care of in the event the unexpected occurs. Having plans in place can offer a family peace of mind.