Planning Tools for Parents

Updated Wills with Guardianship Designation

• Names the people you trust to care for your children if both parents pass away, instead of leaving that decision to a judge. Certain assets and beneficiary designations do not control who raises your children. Proper guardianship planning is essential.

Trust for Minor Children

• Trusts hold and manages assets for your children until they reach appropriate ages, preventing an outright inheritance at 18.

Life Insurance

• Can provide liquidity to support your children and the guardian you’ve chosen, when structured to work alongside your estate plan.