It is important that your estate plan address issues regarding the upbringing of your children. A good plan should provide for people you’d like to manage your assets as well as the guardian you’d like to nominate for the upbringing of your children. Otherwise, the decision as to who will manage your finances and raise your children will be left to a court of law.
You should give careful thought to your choice of guardian, ensuring that he or she shares the values you want instilled in your children. You will also want to give consideration to the age and financial condition of a potential guardian.
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