If there’s one thing you should learn from reading this article it’s that I strongly discourage people from establishing custodial accounts or leaving cash outright to beneficiaries with disabilities. If you do, the outright distribution of assets may cause unintended problems for the beneficiary. For example, when the assets of an individual with special needsContinue reading “Essential Tips for Estate Planning with Special Needs Beneficiaries”
Category Archives: Minor Children
If You Have Kids Under 18, Choosing a Guardian Is One of the Hardest But Most Important Decisions You’ll Make as a Parent
Parents today face many tough decisions. One of the toughest has to be, ‘Who will care for my children should I pass away or become incapacitated?’ Many parents struggle with choosing a Guardian for their minor children. And while that’s completely natural and understandable, appointing a Guardian is one of the most loving and responsibleContinue reading “If You Have Kids Under 18, Choosing a Guardian Is One of the Hardest But Most Important Decisions You’ll Make as a Parent”
Keep This in Mind When Choosing Guardians for Your Minor Children
Parents today face many tough questions. One of the toughest questions is, “Who will care for my children should I pass away or become incapacitated?” This is a complicated issue that many people struggle with. Even though it is a tough thing to ponder, parents should nominate a Guardian for their minor children in theirContinue reading “Keep This in Mind When Choosing Guardians for Your Minor Children”