Whether by birth or adoption, the addition of a child to the family structure is typically an exhilarating time for parents. An important item for a growing family to consider at this time is the preparation of a will. Several young parents neglect to engage in estate planning for one reason or another. Specifically, certain parents are under the impression that they do not have sufficient assets to warrant making a will. Moreover, nobody prefers to think about their own mortality so the majority of parents avoid discussing the topic altogether. Nonetheless, it is paramount to determine who will care for your children should an unforeseen fatal accident occur. A properly crafted will gives parents the power to designate who will be legally and financially responsible for their minor children.
If you would like to discuss creating a will, please contact Telpner Peterson Law Firm, LLP, today at 712-309-3738 for legal advice regarding proper estate planning for your family.