Why? Regardless of the size of your assets, if you have a child at home who depends on you, you really should consider having an attorney help you prepare a personalized estate plan ensuring that your children’s well-beings continue to be everything you are dreaming of in case you can’t be there.
Where will your children live if something happens to you and your spouse?
Who do you want to choose as your Personal Representative?
What things are your family going to receive?
When would you like your family to receive those things? Do you want your children receiving everything at 18 years of age?
Wondering. Once you have answered those questions it might be a good idea to think about a final “W”: Wondering … I wonder what would happen if you or your spouse suffers a temporary incapacity? What types of legal documents can be drafted now so that you can stand in each other’s shoes to make medical or financial decisions with ease?