Nominating a Guardian

Estate planning is about much more than just making sure your will is in order. It also involves creating legal documents to ensure that persons of your choosing will raise your children if a tragedy occurs.

‍

In the absence of formally nominating a guardian, your parents, in-laws, siblings and friends will be forced to petition a court for the right to care for your children. This can be an extremely time-consuming and expensive process.

‍

An effective estate plan can also provide guidance on your wishes for your children, including how they should be raised and how the money available for their care should be used. In addition, an estate plan can appoint one individual for day-to-day care of your children while appointing another person to make financial decisions for them—in effect, providing a system of checks and balances to ensure oversight for how your children’s money is spent.

‍