Having a Will Alone Does Not Ensure the Care of Your Kids If the Unthinkable Happens to You. Start Your Florida Estate Plan and Protect Your Children Today!
If you are a parent of minor children counting on you, your Florida estate plan must begin with ensuring your children would always be taken care of by the people you want, in the way you want, no matter what happens.
One of our Palm Beach County law firm’s areas of outstanding expertise is planning for the well-being and care of the children you love – from newborn to the age of maturity and through adulthood if your child has a special need in Florida.
Without Proper Florida Estate Planning, Here’s What Could Happen
- Your children could be placed into the care of strangers while the authorities figure out what to do (yes, even if you have a will in place and even if you have a living trust). It’s true that this would likely only be temporary but trust us: you never want your children in the arms of strangers, not even for a minute.
- The court could put your children into the custody and care of someone you would never want, like that one family member who has good intentions but who you would never want to raise your kids.
- A judge who doesn’t know you or your family will decide who will raise your kids, even if it is the last person, you would ever want.
- Your family could get into a long-drawn-out custody fight, or there could be a challenge to the guardians you have designated.
- You could lose up to 5% of the value of your assets to court costs and other unnecessary fees through the probate process, a court process that can tie up your assets for years and deprive your kids of the resources they need to live comfortably.
- When your kids turn 18, they get a check for whatever assets are left, no matter how immature they might be or what financial lessons they have not had a chance to learn yet.
- Unscrupulous people find out when 18-year olds are getting that inheritance check by searching the public court records.
- Unfortunately, most estate planning attorneys do not address these issues and do not plan from a parent’s perspective.
Yes, these things scare us too. That’s why we incorporate planning for children in every Florida estate plan we do for families with young children.
Planning for Your Children in Palm Beach County
Is a Will Enough to Protect My Children in West Palm Beach, Florida?
If you are a Florida parent of minor children who are counting on you, your estate plan must begin with ensuring your children would always be taken care of by the people you want, in the way you want, no matter what happens.
Our Florida estate planning attorneys have years of experience planning for the well-being and care of the children you love – from newborn to the age of majority and through adulthood if your child has a special need in West Palm Beach, Florida.
What is a Family Readiness Plan in Florida?
Your Family Readiness Plan is a set of instructions, legal documents, and an emergency wallet card – all of which you need to have if you have kids at home who count on you for their well-being and care in Palm Beach County, Florida.
If you are in an accident, your Family Readiness Plan will make sure your children are never taken into the custody of Child Protective Services, strangers, or the care of anyone you would not want simply because the authorities don’t have clear instructions from you. Your Family Readiness Plan will ensure your children are raised by people you choose, and not someone is chosen by a judge who doesn’t know you.
Get started with your Family Readiness Plan today!