Estate planning is especially important for families with children. From choosing a guardian for minor children to setting up an investment account to fund their education, a plan should be in place before a tragedy strikes and leaves the family scrambling to figure out what the parents would have wanted. Fortunately, parents today can clearly outline their wishes in legal documents and provide the funds to support their children as they grow. Family Estate Planning Attorneys Las Vegas NV residents trust may make it easier to put these desires down on paper so they’ll be legally enforceable later.
The document used to name a guardian for minor children is called a will. Among all the purposes of a will, this is the most important because it cannot be done through another document. Before naming a guardian in their will, parents should be sure the person or couple they name would be comfortable taking on the role. It’s essential to revisit the will every few years to guarantee the potential guardians are still up to the task. If the guardians get divorced or die while they are still listed in a parent’s will, the fate of the children may be left up to probate court. Family Estate Planning Attorneys Las Vegas NV clients often turn to for help might remind their clients to review their will every couple of years to avoid this sort of confusion. You need to call attorneys at Grant Morris Dodds to find out more.
By hiring Family Estate Planning Attorneys Las Vegas NV residents have confidence in, instead of preparing documents on their own, parents could get the benefit of the lawyer’s experience and guidance as they go through the necessary steps to prepare for their children’s future. Grant Morris Dodds in Las Vegas NV has substantial experience in estate planning and may help any parents who desire direction in assessing their needs. To get a free consultation and learn about options regarding wills, trusts and other estate planning tools, click here. There are multiple tools to help someone prepare for what might happen if they die before their children. The best place to start is with a skilled attorney who understands the laws regarding probate and estate planning in Las Vegas.
