While preparing your last wishes in a Will can be difficult, thinking about who should raise your minor children if you pass away is heartbreaking—and necessary.
Children are a gift and a big responsibility for parents. Part of that responsibility is ensuring minor children are cared for should you, and their other parent, become disabled or die. Choosing a guardian for your child requires an understanding of your parenting style and the parenting style of others, among other concerns.
Your estate plan designates and defines who you choose to care for your children should you pass away. Our attorneys help families work through this difficult decision and draft documents to clarify their wishes in order to avoid unnecessary legal proceedings and expense.
When you are expecting a child, or if you already have young children, think about the following when choosing a potential guardian:
When you have candidates in mind to act as guardian for your children, your estate plan must be written to protect your choice. In New Jersey, courts give weight to guardians named by parents in their Will. Your estate plan should name a guardian in the event of your death or disablement. Property, insurance proceeds and other assets can be protected through a trust for use by your elected guardian—and provide an inheritance for your children when they are older.
Making arrangements for your minor children if you are disabled or pass away protects them and gives you peace of mind.