Choosing a legal guardian for your children is one of the most difficult and important decisions you can make. On the one hand, no one likes to think about their own mortality. On the other, it is imperative to know who will be responsible for your kids if you are suddenly incapacitated or killed in an accident. An experienced estate planning lawyer in Central Florida can work closely with you to devise a strategy that protects your assets, as well as your children.
Narrowing your options
Likely, you probably already have a few people in mind when it comes to choosing a guardian to look after your children. Yet, before naming them legally, take a moment to jot down a list of candidates and their qualifications. Here are some important things to consider when choosing a legal guardian for your child:
- Values — Does the person have the same values as you? If you are a religious person, will they raise your children based on your beliefs? Naming a person that shares the same values as you and your family is important for your children’s health and for your own peace of mind.
- Age and health — Many people consider their parents or grandparents as the ideal guardians for their children. However, it is important to remember that your child’s legal guardian needs to be able to keep up with the demands of child-rearing. Individuals who are older may not be around long enough to raise your kids to maturity. Similarly, family members who suffer from disability or illness may not be up for this important job. It is crucial to consider the needs of your family members as well as your children in order to choose the best candidate for such an important job.
- Finances and family factors — Lastly, you must determine who has the most stable financial situation for raising your children. Food, shelter, education, etc., can be taxing on a person’s personal finances. Be sure to choose someone that can handle the financial, emotional, and physical duties of being a legal guardian.
If you have minor children, naming a trusted legal guardian is an important part of your comprehensive estate plan. Retain the services of a respected lawyer to ensure your rights, assets, and legacy are fully protected.
Central Florida estate planning lawyers protect your rights
The Law Offices of Hoyt & Bryan is dedicated to helping Florida residents with guardianships, trusts, wills, and other aspects of the estate planning process. For more information about estates and trusts in Central Florida, call (407) 977-8080 today, or contact us online to speak with an experienced estate planning attorney.