The First Step in a Child Protection Plan
Do you know that child protection planning is a part of estate planning? Child protection planning encompasses much more than financial assets. The most important aspect of it is legally appointing a guardian who will care for your child in the event of a tragedy. As a parent, it saddens me to think that one day I may not be able to care for my children; however, I have hope in knowing that I’ve planned for my children’s best interest. This way, the best outcome possible will occur and a judge won’t be left making decisions for our family.
In Florida, we have two options for appointing a guardian. For a holistic estate plan, both options need to be executed simultaneously. The first is using a document called a Designation of Pre-need Guardian. This document needs to be drafted by an attorney and signed per guidelines in Florida statutes. Once it is signed, your attorney will need to file it with the court. This is such an important estate planning document because it is where a guardian is appointed in the event of incapacity.
The second document used in Florida estate planning is a will. You may know it as a Last Will and Testament. This will is a comprehensive document that shares many of your last wishes. As parents, one last wish that we must include is who will care for our children if we die and our children are minors. This document will need to be drafted by a Florida attorney who understands the intricacies of drafting and signing legal wills that covers all parents needs.
If the above two documents are not drafted and signed in accordance with Florida law, then a judge who doesn’t know what’s in the best interest of your family will make decisions.
Who makes the decisions for your family?
To get started today, contact 904-397-4444 or click here More Info Please to schedule an appointment with Sabrina Bateh Kuruvilla, Attorney – Mom – Founder of Three Oaks Law, Jacksonville, FL