Last week, Matt Curtiss posted about appointing a guardian for children as part of an estate plan.
To add to what Matt wrote, here’s some of my thoughts:
- Revist your decision every year or so. There is no limit on how many times you can change a guardian under a will;
- Avoid co-guardians, it may seem like a nice thing to do but this is a horrible idea in practice;
- Strongly consider your siblings and not grandparents as guardians;
- Talk about who is the best guardian for your children before coming into a lawyer’s office;
- Speak with the proposed guardian of your children and ask them if they are willing to serve as a guardian;
- Keep your decision between you and your proposed guardian, no one else has to know; and
- If you have a child, DO A WILL!!!