Your Kids: Who Gets Them and What Do They Get?

Your Kids: Who Gets Them and What Do They Get? | Tom Sciacca

{Read in 7 minutes} Very often parents come in to see me for estate planning services. Some are parents of adult children; others are parents of minor (under 18 years of age) children. Parents of minor children are concerned about the welfare of their children should they both die before their children reach the age of majority, often focusing on two main points:

– Who should become the Guardians of their children if the children have no surviving parent before reaching the age of majority?

– How should they leave money to their children if they are still minors when they inherit?

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