Over the course of this summer, you’ve undoubtedly gone through a small fortune in band-aids patching up the countless bumps, scrapes, and bruises that summertime activities put upon your young children. And yet they can’t wait to get back outside! You’ve carefully taken no few precautions to keep them out of harms way, but even the most well-laid of plans may not stand up to an accident–and not just for children. What consideration have you given for the future of your children if you are the one to suffer a tragic accident?
The days and weeks after an accident are rough, especially for children. Without you planning ahead and putting the proper legal protections in place, what might happen to them? Though our society has created a safety net to catch them, it’s not perfect. Here are just some of the things that happen to dozens of children and families each year:
- Your children’s fate may be left in the hands of strangers. Child Protective Services will do what they can for your children, but you want people you know and trust to carry your children through the worst.
- Your children may be left in the hands of someone you would never want to have them. A judge, well-meaning and intelligent though she may be, will not know you or the dynamics of your family.
- Your children may be subject to a tug of war they won’t understand, as different family members fight for custody.
- Your children may not receive the entirety of your assets. If your estate is thrown into probate, the court costs and fees will eat away at your children’s inheritance.
- Your children will receive the entirety of their inheritance upon their eighteenth birthday. Particularly if you have significant assets that will be left behind, this can be dangerous. How well would you have handled suddenly receiving a large quantity of money at that age?
As with most dangers, an ounce of prevention is worth several pounds of cure. We never know what the future holds for us, so taking the time to protect those who you value most is worth it. For this reason, we’ve developed the perfect plan for families with young children. This plan includes a comprehensive set of instructions and legal documents that will ensure your kids will be raised by someone you choose and that your assets are protected for their well-being.
To get started on the perfect plan for your family, call our office today at (612) 206-3701 or fill out our contact form to schedule an appointment so we can identify the best ways for you to ensure your legacy of love and financial security for your family.
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