Why Is Estate Planning Important for Those With Minor Children?
An estate plan may seem like something you only need to worry about near the end of your life, but this isn’t the case. Estate planning is not only for individuals with significant inheritance. They also provide for your medical and financial care if you are incapacitated and ensure your wishes are carried out. A comprehensive estate plan ensures that any minor children you have are protected in the tragic event of your death. You want to ensure they are cared for and are able to benefit from your assets. Essential Choices to Make Regarding Children in an Estate Plan