If you are a family with young children, then your estate plan should begin with a foundation that ensures your children would always be taken care of, no matter what happens. At the Law Offices of Jill Gregory, one of our areas of greatest expertise is planning for and protecting your children.
What Would Happen to Your Kids if the Unthinkable Happened to You?
Did you know that 69% of parents have not yet named guardians for their kids?
Of those who have, most have made at least one of seven common mistakes most parents (and their lawyers!) make when naming guardians.
Don’t let this happen to your family!
As parents we give a lot of thought to who to use as a babysitter; where our children will go to daycare, what schools will they attend, what they eat, which doctor to use, … the list goes on and on. But, we frequently overlook the very important decisions – who will take care of our children if something should happen to us? Who has the authority to make medical decisions or temporarily take care of our children if there is an accident and we cannot be reached? If we are in a car accident, how will emergency services know that we have a minor children and who to call?
Planning for your young children is about so much more than naming a guardian. It’s about making sure you have a plan in place for all of life’s little accidents.
Without proper planning, if the unthinkable happens to you, here’s what could happen:
- Your children could be placed into Child Protective Services (CPS) even if you have a will in place that names legal guardians for your children and even if you have a living trust while your legal documents are located or your family is identified. Or worse, your kids could be left in the care of the one person in your family you would never want raising them.
- 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 ever want;
- Approximately 5% of the total value of your assets could be lost due to probate, a court process that can tie up your assets for months or years and deprive your kids of the resources they need to live comfortably;
- When your kids turn 18, they get a check for whatever assets are left – outright with no protection;
- There are unscrupulous people who make it their business to review public records to find out what 18 year old’s are coming into money;
- The vast majority of estate planning attorneys simply do not address these issues, and do not plan from a parent’s perspective.
We have dedicated our life’s work to make sure these things don’t happen to your kids! That’s why we offer a Kids Protection Plan® with every estate plan we prepare for families with young children.
Do you need to meet virtually? I understand the time and financial constraints families face, so I offer my clients the option of working with me virtually — via phone, email, and video conferencing. Click here to learn more.
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Is Your Family Prepared for a Worst Case Scenario? Get all the legal and financial answers now.
It’s is so important to me that every child is protected so I have teamed up with my friend and author Alexis Neely to give you a complimentary copy of her best-selling book, Wear Clean Underwear – a Fast, Fun, Friendly – and Essential – Guide to Legal Planning for Busy Parents.
Whether you are ready to meet with us to start planning for your family, you are just looking around trying to figure out what estate planning is, or you already have a plan in place (but like so many parents, don’t really know what’s in your plan or aren’t sure if you have the right documents or plan in place), request your complimentary copy now.
Read this book and you’ll know how to ensure that your children and your money are taken care of in case anything happens to you.
- Get the crucial legal lowdown you need to know to protect your kids!
- Discover how to pass on what really matters most – no matter how much money you have.
- Know for sure you have done right by the people you love.
- All in an easy to read book.