Don’t Believe These Myths About Choosing A Guardian for Your Children

9:25 pm Estate Planning

ChildofDivorce Don’t Believe These Myths About Choosing A Guardian for Your ChildrenA post last week at the Huffington Post reviewed the reasons given by most parents for procrastination when it comes to choosing guardians for their children should they die or become incapacitated and unable to do the job themselves.

The writer knows whereof she speaks – she is an estate planning attorney who regularly advises parents on these issues.  And she says there are four dangerous myths that are holding parents back from doing what they should for their children:

Myth #1:  The Perfect Match.  There is no “perfect” person to parent your children exactly the way you would, and there is no perfect parent.  So list what’s important to you and try to find someone who matches about 75 percent of that list.

Myth #2: A Guardian Will Appear.  Most parents think that family members will be fighting over who gets to take care of their kids if something happens.  This is often not the case.  And without a will, a court will make that decision, not your family.

Myth #3: A Letter Will Do.  Leaving a letter behind outlining your wishes is just that…a list of wishes.  It is not a legally binding document, and the court will make your decision for you.

Myth #4:  Not Asking.  Many parents who do name a guardian don’t want to discuss it with the person they’ve chosen.  This is just wrong…because until you discuss it, you won’t really know if they want or can handle the responsibility.  You must be clear with your choice about your financial picture and what it will mean to care for your child.

Contact us today for individualized planning strategies to meet your unique needs.

 

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