Posts Tagged ‘guardians for minor children’
Will
You revealed that you had talked a little about preparing a Will for your family before the untimely passing of your partner caught you off guard.
Now then, is the time to finalize your action plan for you and your family. You will have learned by now that you can watch over other people, but you can’t make choices for them. Before you are stressed to the brink of mental exhaustion with doubts about what to do next, it is now time to act.
No more talking. It’s time now to prepare for a lifstyle change.
Your self-management skills that you have developed over the years can be a major boost to ease the path of living after the death of your loved one. When people use self-management talents, they most often gain confidence and the motivation needed to cope with the daily challenges of living and protecting the remaining family assets.
For helpful peace of mind, call your insurance agent, financial planner, lawyer or notary and arrange to work with whomever you choose to finalize the Will planning that you never got done before. The initial conversations with these professionals is usually free.
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Your wife/partner, and your family put their trust in you to protect them from all adversity on an on-going basis, with no questions asked . And with your always busy schedule, you always recognize some things you are never able to quite get done.
It seems that getting around to sitting down with your wife/partner to talk about the necessity of getting your Will drafted is one of those missed opportunities?
Did you know that more than 80 out of a 100 citizens do not have a formal Will? And did you know that the less than 20 who have/had a Will, that it cannot be found when needed?
When a person dies without a written Will, the government of the country in which they live, may decide what will happen to their estate. If they have minor children, that government may also decide who will care for them without influence from any family? Worse yet, without a clear directive of final wishes like that specified in a written Will, many families are split apart fighting over their loved one’s estate. It can be assumed that no family wants to leave that kind of legacy for their loved one’s.
The TV headlines of contested Wills of Howard Hughes, Jim Brown, Micheal Jackson, Brooke Astor are prime examples.
There is nothing expensive, complicated nor time consuming about completing a Will, and one can’t put a price tag on the peace and comfort it brings to the family.
SO _ _ _ Assume that trust your family puts in you.
TODAY _ _ _ with your wife/partner, TAKE CONTROL OF YOUR FAMILIES FUTURE !
Wills
Knowing that you and your spouse have taken the necessary steps to put your Will information in motion for your lawyer, notary or financial planner.
YOU _ _ _ can begin that walk at this moment as you read this.
Too many people wake up one morning and realize that they MUST, and WILL cease procrastinating and relieve themselves of that constant gnawing feeling that they have not as yet addressed their important task of sitting down with their wife/partner to finally take care of this must-be-done responsibility to protect their assets and family members..
Much guidance and direction is available free on-line to help families assemble the information they will need to complete the details to then be given to their lawyer, notary, financial planner or whatever professional they will use to insure that they end up with the proper legal document that will withstand any court challenge. A LEGAL WILL !
The ball will remain in their hands until they DO something with it. For the sake of their family, DON’T let it be DROPPED !
In U.S. and Canadian law, legal wills are not required to be registered prior to death in most states and provinces, but are registered and put in the public record after the person making the legal will dies and the estate is probated. However, it is often still a good idea to have the signing and witnessing of a will notarized, to reduce the risk of disputes over the will’s validity after death. Wills can be used to nominate guardians for minor children, but because children are not property, the will cannot have the final word on the question.
Guardianship is decided by courts, though the usual outcome is that guardianship is awarded to the other surviving parent, or, if no parents survive, to the guardian nominated in the last surviving parent’s will.
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