Planning for Your Kids
Kid's Protection Plan®
Did you know that 69% of parents have not named guardians for their minor kids? And of the 31% who have, many have made one or more of the many common mistakes families make when naming guardians for their kids.
Having a will alone simply does not ensure the care of your minor children if something happens to you.
If you are a parent of minor children, your estate plan must begin with making sure your kids would always be taken care of by the people you want, in the way you want, no matter what happens.
One of our areas of expertise is planning for the well-being and care of minor children.
Without proper planning, if the unthinkable happens to you, here's what could result:
Your children could be placed into the temporary custody of Child Protective Services (CPS), even if you have a will in place; even if you have a living trust while your legal documents or located or your family is identified Or worse, your kids could be left in the care of the one person in your family you would never want raising them
A judge who doesn’t know you or your family will decide who will raise your kids, even if it’s the last person you would ever want
Approximately 5% of the total value of your assets could be lost due to probate, a court process that can tie up your assets for months or years and deprive your kids of the resources they need to live comfortably
When your kids turn 18, they get a check for whatever assets are left – outright with no protection
There are unscrupulous people who make it their business to review public records to find out what 18 year olds are coming into money
The vast majority of estate planning attorneys simply do not address these issues, and do not plan from a parent’s perspective
Yes, these things scare us too. That’s why we offer a Kids Protection Plan® with every estate plan we prepare for families with young children.
What is a Kid's Protection Plan®?
A Kids Protection Plan® is a set of instructions, legal documents, and even an ID card for your wallet, which you need to have if you have kids at home who count on you for their well-being and care.
If you are in an accident, your Kids Protection Plan® will make sure your children are never taken into the custody of child protective services, strangers, or the care of anyone you wouldn’t want because the authorities don't have clear instructions from you. And your Kids Protection Plan® will ensure your children are raised by people you choose, not someone chosen by a judge who doesn’t know you.
Or, if you'd like to get started naming guardians for your kids now, click here. In 10 minutes, this FREE website will help you protect your kids if something unthinkable happens to you prior to creating your formal estate plan. This of it as the first step to ensuring your kids are raised by the people you want, in the way you want, no matter what.