Raising a family takes a LOT of planning and coordinating. Running to soccer matches, remembering that birthday party, or building traditions with each holiday that passes – you do it all so your kids have memories to last a lifetime.
And, did you know, if the worst were to happen to you, you can still plan a secure (and fun!) future that sets up your kids for success?
Most people think estate planning is only for the ultra-wealthy and retired. Why do we need to think about who gets our money? We’ve got years! But it’s crucial to make these decisions now regarding your family’s future. It answers important questions, such as…
- Who will take care of my kids if I can’t?
- How can I protect them from frivolous spending after receiving their inheritance?
- What happens if I become disabled due to an accident or illness?
Estate planning is much more than drawing up a will that says who gets your money after you die. It protects your family from creditors, lays out when your kids can receive any money, and keeps the probate court from getting involved. A great estate plan starts with asking great questions to figure out your personal goals – and we’ll design a plan that’s personal to your unique needs.
There are several considerations for protecting your children’s inheritance, including how diversified your assets are. Have property, retirement accounts, life insurance, or business interests? Sit down with one of our attorneys to design an estate plan that fits your young family’s goals.