How do I make sure my children are taken care of? If you are a parent of a minor child, your Guardianship Planning is probably the most important element of your estate plan. All parents want to ensure that their children are cared for by someone who loves them, will nurture them, and help raise them according to your values. By electing a Guardian to care for your children, you can have the peace of mind that there will be someone to take care of your children if neither of their parents are able to do so. You will even be encouraged to appoint temporary guardians for those times when neither parents can get back to their children before protective services must take them into custody.
Who takes care of the money I leave to my children? As parents, you will want to make sure that your children's financial future is protected so that there are sufficient funds for raising your children and for sending them to college, amongst other things. Designating a Guardian for your child(ren)'s inheritance will ensure their financial needs are safeguarded. This person, a Guardian of the Estate, may or may not be the same person who has custody of your children.