Tag Archives: minor children
Interesting Stats About Millennials and Estate Planning
By now, a majority of millennials are in their 30s, with some approaching their 40s. This means they may be achieving a certain level of financial stability and starting a family A majority of millennials do not yet have an estate plan in place. But the number of individuals in this generation who establish crucial […]
Why it’s Important to Make a Will if You Have Children
While it is always important to have a will in place, it is especially important if you have minor children. Here are just a few reasons why: Guardianship: With a will, you can name who would assume guardianship of your children if you die while they are still minors. Otherwise, if you die with minor […]
What to Consider When Selecting a Guardian for Minor Children
If you have minor children, arguably the most important part of your estate plan is the stipulation in which you name the person who will take care of your children if you and the other parent should die while they are still minors. This person is known as the “guardian” of the children. Most people […]