Estate Planning for Young Families

Parents are very particular about choosing a sitter to care for their children.  The sitter is armed with instructions and cell phone numbers and perhaps the name of the next-door neighbor.  But what would the sitter do if the parents were in a tragic accident and did not return home?  What would happen to the children that night?

This scenario is frightening. Pondering the answer to the last question should be enough to convince every parent to make an appointment with an experienced estate planning attorney.  If a legal guardian has not been specified in a properly drafted will, the children are likely to be placed by the local social services agency in a foster home until court proceedings can take place.

Accidents do happen.  Illness and death happen.  Young parents with children can gain peace of mind by naming guardians and designating how their assets should be used to care for their children in a comprehensive estate plan created specifically for them.

If you live in Michigan and need experienced estate planning help, contact Michael Einheuser for a free consultation. Michael helps families in Bingham FarmsTroyFarmington HillsRochester HillsSouthfieldWest Bloomfield TownshipBloomfield Township, and the surrounding Michigan areas.

Schedule your Free Consultation today: (248) 398-4665.

Read on for more information about estate planning considerations for new parents:

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