No one likes to talk about dying, but accidents and illnesses don’t discriminate. Over and over I see families who had all the best intentions to get their estate plans in place, then they get caught off guard with a sudden death or diagnosis. No one thinks it will happen to them, until it does.
As a mother of two little girls, I more than understand that when you’re raising a family, your daily to do list becomes your top priority. Which in turn makes it hard to get everything else done. But this is an important one. Because, with estate planning, there is such a thing as being “too late.”
One reason parents procrastinate is their inability to agree on a specific guardian. Often times, this is so daunting that many parents give up before even starting. But as difficult as this may be, it is much better that you make this decision rather than a judge who does not know you, your children, or the potential guardians. Naming guardians yourself will avoid fights between both sides of the family and will protect your children from needless friction and heartache.
To learn more on how to name a guardian and protect your children with an estate plan, come to the next The Pump Station & Nurtury's Sizzling Hot Topic Lecture Invest in Your Nest: Protect Your Family with Estate Planning and Life Insurance on Nov. 5th in Hollywood and Nov. 11th in Santa Monica. To register please call 310-998-1981 for the Santa Monica location or 323-469-5300 for the Hollywood location. Click here for class and instructor info.
If you have any questions about how to name guardians for your children, feel free to get in touch at 818-956-9200 or firstname.lastname@example.org. I’d be happy to answer your questions. And remember, as overwhelming as it may seem, the alternative is much scarier.
Sona A. Tatiyants
Sona is the owner of Tatiyants Law, P.C., a law firm that specializes in estate planning for young families.