Protect Your Children With Your Last Will and Testament
- A Personal Guardian for Your Children: This is, perhaps, the most important part of a parent’s will. The guardian will take over the day to day aspects of parenting and become the person with legal responsibility for your child. Most parents choose a guardian whom they are close with and who shares their ideals.
- A Financial Guardian for Your Children: This may be the same person as the personal guardian but it doesn’t have to be the same person. A financial guardian will be responsible for overseeing the assets and distributing them for the benefit of your child until your child becomes an adult.
- A Clear Distribution of Your Assets: If you have specific assets such as jewelry, collectibles, letters or vacation properties that you want to leave to a specific child or another individual then you can do so in your will. If an asset is not individually identified as going to a specific recipient then it will be included with all of your assets and distributed according to the parameters that you have created.
Speak to an Experienced Estate Planning Attorney Today
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified estate planning lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local estate planning attorney to discuss your specific legal situation.
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State Estate Planning Articles
- District of Columbia