Who cares for your minor children when you're not there?
For those of us with minor children, we know all to well how much they depend on us. When planning our yown estate plan, make sure that your children will always be taken care of by the people you want, in the way you want, no matter what happens.
We pay special attention to the well-being and care of you rminor children – from birth to age of majority, and through adulthood for children with special needs.
Without Proper Planning, Here's What Could Happen
- Your children could be placed into the care of strangers while the authorities figure out what to do (yes, even if you have a will in place and even if you have a living trust). It’s true that this would likely only be temporary, but trust us: you never want your children in the arms of strangers, not even for a minute.
- Your children could be put into the custody and care of someone you would never want, like that one family member who has good intentions but who you would never want raising your kids.
- A judge who doesn’t know you or your family will decide who will raise your kids, even if it is the last person you would ever want.
- Your family could get into a long drawn-out custody fight or there could be a challenge to the guardians you have designated.
- Up to 5% of the value of your assets could be lost to court costs and other unnecessary fees through the probate process, a court process that can tie up your assets for years and deprive your kids of the resources they need to live comfortably.
- When your kids turn age 18, they get a check for whatever assets are left, no matter how immature they might be or what financial lessons they have not had a chance to learn yet.
- Unscrupulous people out there find out when 18-year olds are getting that inheritance check by searching the public court records.
- Unfortunately, the vast majority of estate planning attorneys do not address these issues and do not plan from a parent's perspective.
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Yes, these things scare us too.
That’s why we offer a Kids Protection Plan® with every estate plan we do for families with young children.
What is a Kids Protection Plan®?
Your Kids Protection Plan® is a set of instructions, legal documents and an emergency wallet card – all of which you need to have if you have kids at home who count on you for their well-being and care.
If you are in an accident, your Kids Protection Plan® will make sure your children are never taken into the custody of Child Protective Services, strangers or the care of anyone you would not want simply because the authorities don't have clear instructions from you.
And your Kids Protection Plan® will ensure your children are raised by people you choose, not someone chosen by a judge who doesn’t know you.
Get started with your Kids Protection Plan® today!