Picking Guardians for Young Children? Why it is Such an Estate Planning Obstacle

July 21, 2011

In this month’s article, Patricia states that the need for
couples to select a guardian for their young children is not only one of the
most difficult decisions for couples to agree on, but also the reason why they
either don’t complete or keep revising their estate planning documents.

Choosing a guardian is one of the most emotional decisions a
family needs to make in the estate planning process. The family needs to
seriously think through their priorities, and consider the qualities these “substitute
parents” bring to their role as guardians. Some of these factors include:

  • Family
  • Finances
  • Lifestyle
  • Love
  • Religion
  • Stability
  • Time
  • Temperament
  • Values

Click here to read the complete article, which explains in
further detail what factors to consider and why clients need assistance in
developing their list of priorities.

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