6 Common Mistakes Most Parents (and their lawyers!) Make When Naming Guardians
We have found that 69% of parents have never taken any action to legally protect their kids if anything were to happen to them, and of the 31% that have, most have made at least 1 of the 6 common mistakes. As a result, we see the children in these families left at risk. Ultimately, if anything were to happen to these parents, their loved ones would have to go through unnecessary, expensive, public court processes - all of which could be avoided.
Have you made 1 of the 6 common mistakes that could leave your kids in the care of someone you would never choose?
Here are the 6 most common mistakes parents (and their lawyers!) make when naming guardians:
1. Named a couple to act as guardians when you don’t really want both people in the couple and you haven’t said what should happen if the couple broke up or one of the partners in the couple died.
2. Only named one possible guardian. What if something happens to your first choice?
3. Have not considered financial resources when deciding who should raise your children. Your guardians do not have to (and often should not) be financial decision makers for your kids.
4. Only have a Will, which means the Court will distribute your money. It’s totally public and doesn’t protect your money from their divorce and lawsuits.
5. Did not exclude anyone who might challenge your guardian decisions or who you know you’d never want to care for your kids.
6. Only named guardians for the long-term and did not make any arrangements for the short term if you were in an accident. What would happen in those immediate hours until your permanent guardians could arrive?
If you’ve made one of these 6 common mistakes, not to worry; we have solutions! Contact us to see what you can do to make sure your kids would always be taken care of by people you know, love and trust.