Why You Should Start Estate Planning Now For Your Children

Those with children understand the importance of providing for them in the future. It pays to plan now for anything that can get in the way of your child's safety and security. This may seem difficult to envision when you are a young parent, but is necessary for your child to think of these things today. Below is an excellent advice piece that guides those who are unprepared for their future.

If the fact you won't be there to protect your children concerns you, this is what you need to do: First, execute a will and name a guardian and a successor or two. Put a lot of thought into it and talk to the person before naming them in the will. Remember, children aren't a stamp collection or a bank account. Not everyone is parent material. Raising children requires a lot of time, money and patience, and not everyone is up to the task. That doesn't mean they are bad people. It's just that their strengths aren't in the child-rearing area.

— Christopher W.Yugo