Estate Planning for Single Parents

When you are a single parent, you must take action to put an estate plan in place. There is absolutely no way that you can responsibly go through life without making provisions for the well-being of your children if you were to pass away. This is true regardless of your age. Of course, we all expect to watch our children become adults in their own right, but there are no guarantees. Individuals pass away in accidents and due to sudden catastrophic health conditions each and every day. As sad as it may be, many of them have minor children, and some of them are single parents. Our attorneys can provide you with the guidance you need. In this post, we will take a look at four things that every single parent should consider. Guardianship If you are a single parent, you should include your choice of guardian for your children when you are planning your estate. In the event of your passing, the state would be forced to decide on the fate of your children if you do not assert your own…