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Child Protection Planning
Protecting Your Child’s Future Best Interests
One of the most important aspects of an estate plan is child protection planning. Child protection planning establishes a guardian for your child in the event that you and your spouse (or the other parent of your child) are no longer able to. Without a plan in place, your child’s future may be left up to an impartial judge who will decide who will become your child’s legal guardian.
In order to ensure that your child protection plan is legally sound, it’s best to consult with an experienced estate planning attorney in St. Petersburg and Lakewood Ranch. At Finley Williams Law, PA, we are committed to helping our clients achieve the peace of mind that comes with knowing their children will be cared for according to their wishes. We offer personalized, compassionate counsel and skilled guidance from start to finish.
What Does a Child Protection Plan Entail?
For parents, child protection planning is a crucial aspect of an estate plan. This is where you will specify how your children should be cared for in the event that you die or become incapacitated.
Child protection planning can establish the following:
- An appointed guardian for the child
- How assets will be transferred to the child
- A minor’s trust
- The administrator of the estate in the event that both parents die
Whether you have young children or your children have grown, it’s wise to put a plan in place that protects their rights. Furthermore, you may wish to ensure that your child does not receive all assets at the age of 18, but rather that assets are distributed over a period of time until he or she is better able to manage his or her finances.
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Our experienced estate planning attorney serves clients in St. Petersburg, Lakewood Ranch and the Tampa Bay Area, offering personalized assistance for a wide variety of estate planning and probate matters in St Petersburg, Fl. We have the experience and knowledge needed to help you ensure that your child protection plan is thorough, secure, and valid.
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