Estate Planning, Families with Minor Children, Guardians

Do I really need estate planning?

This is a confusing question for some people. The truth is that estate planning truly benefits rich, married people. There are a lot of tactics that can be used to make sure each spouse avoids estate tax, defers it as long as possible, or benefits from the marital deduction and generation-skipping trusts, to name a… Continue reading Do I really need estate planning?

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Families with Minor Children, Guardians

What are the best ways to give an inheritance to your minor kids?

This is a very important blog post. I probably get asked this question more than any others, so thought I would address it for others that may also have this question. First, keep in mind that custody of your kids, and custody over their “property” or money are two different things. This blog addresses the… Continue reading What are the best ways to give an inheritance to your minor kids?

Families with Minor Children, Guardians

What is the popular Kid Care Package?

This package contains several forms for your use.  It includes all that you need to make sure your kids are always fully protected, at any time. You may fill out any combination of the forms based on your own needs but the permanent guardianship and temporary guardianship forms should be considered mandatory when you are… Continue reading What is the popular Kid Care Package?

Families with Minor Children, Guardians

Do I need to name a guardian for my kids?

There is no easy way to begin thinking about the topic of naming legal guardians for your children. Bluntly, you (and your spouse) die prematurely, or become incapacitated, at a time when your children are still minors, and someone else must raise them. It is a scary thought--one that gives us knots in our stomachs.… Continue reading Do I need to name a guardian for my kids?