Parents are always concerned about the well-being of their children. But a mother and father are not the only stakeholders in the care and education of a boy or girl. If parents are not available to be full-time custodians, others may gain standing in children's lives as guardians.
It's your hope that the first will you create is the will that remains in effect until you pass on. While this could happen, there may come a point when you realize that you need to revoke your will and alter your estate plan.
The probate process is costly, time consuming and stressful. Fortunately, you can create an estate plan with the goal of most your assets avoiding the probate process.
Adding a living will to your estate plan may be one of the best decisions you ever make, as it can give you peace of mind in knowing that your health care wishes will be followed in the future.
There are many happy reasons to appoint a guardian for a child in Connecticut. New adoptions create a stable environment for a newly expanded family. Relatives getting a turn at caring for children over long periods of time often enjoy the experience.
No matter how late you decide to put your estate plan together, you will have some important decisions to make. Having a detailed will in place prior to your passing can make a big difference in how your family members tackle your estate and resolve inevitable disputes.