What You NEED TO KNOW About GUARDIANSHIP in Estate Planning
If you have minor children, making sure you nominate a guardian for them in case of your death or incapacity is the most compelling reason to do an estate plan. For some families, the choice of a guardian is not easy and they end up procrastinating, sometimes until the children turn 18 and the problem goes away!
But we can help you do better than that. During this episode, we'll talk about the factors to consider in choosing a guardian and we'll explain the guardianship process, which is often misunderstood.
Timestamped Show Notes:
0:00 Introduction
2:30 These are the two types of guardians in California.
6:17 This is the process for how guardianship works.
7:51 This is why, as a parent, you want to express your wishes for a guardian.
8:37 Estate planning can help you avoid going to court. Here’s how.
9:54 Utilizing a Letter of Intent can act as a helpful guide for those who are nominated as guardians
11:40 Does a guardian get paid?
12:07 What can someone do if there is a family member they do not want to be the guardian?
13:20 What happens if the guardian dies?
Looking for more resources? Absolute Trust Counsel has a library of free articles, checklists, and guidebooks to address the most common estate planning questions in easy-to-understand language. Explore those listed below, or for more, visit [ Ссылка ].
Do you need help with your estate planning now? We’ve got you covered. Together our Absolute Trust Counsel team will review your situation and work to understand your specific needs to develop a strategic plan that will protect you and your loved ones, no matter what comes your way. Here's a link to schedule your free discovery call to get started today [ Ссылка ].
Do you have an incapacity plan? If the answer is no, you should consider adding it. It’s one of the most critical strategies you can have. AbsoluteTrustCounsel.com/IncapacityPlanning
Need a speaker to answer the unknowns of the estate planning world? Look no further than Kirsten Howe. For more information about Kirsten, or to get started, visit [ Ссылка ].
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