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How an Attorney Can Help You Plan for Children by Cleo Gib
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How an Attorney Can Help You Plan for Children |
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Law
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When you considered having children, you probably didn't think about involving your attorney in Simpsonville, SC, in that decision. What could a lawyer possibly do to help you plan for your children more efficiently? Well, the answer is a lot of things. Your attorney can walk you through the process of making sure your children will always be taken care of no matter what happens to you or your partner. Here are some ways an attorney can help you with planning for your children's future. Wills The most obvious thing that an attorney could help you with to help your children in case something happens to you is to help you create a will. An attorney can show you how to write up a will that will cover all of your bases such as who would raise your children in case you should die or be unable to raise them yourself. You might think that the next of kin would automatically be the next in line as a guardian, but what does the next of kin really mean? Would this be on your side of the family or on your partner's side? What if your next of kin isn't the type of person that you would want your children to be raised by? You need to really think about who you want your children to end up with if something happens. You should also make sure that you divide up your assets among your children in your will so that things are very clear and feelings aren't hurt. If you have any massive debt then talk to your attorney about how you can plan for that so that your family members aren't stuck with it in the end. Trust Funds Trust funds are another great way to start taking care of your children. You could set up a trust fund that is money set aside for your children when they reach a certain age. You can also make specifications about what it should be spent on and you can have someone else in charge of this fund rather than giving your child a chunk of money that they might spend irresponsibly. Make sure that you have it all written and witnessed by your attorney and another third party so that no one will question the validity. A trust fund is something that you can always add to. You can set it up and put in a percentage of your paycheck in it each month to make sure you are adding to it without having to think about it on a regular basis. Healthcare Directives You may not even think about how your own healthcare directive could help your children, but it can be such a hard decision to make a choice between life or death for another person. Make sure you talk about all the possibilities with your attorney about in what situations you would want to be put on machines and in what situations you would rather your family let you die. If you do not have one of these written up, your doctors will do everything in their power to keep you alive even if you are technically brain dead. Though you might hope that your children would let you pass, it can be an excruciating decision for a loved one to make and one that they might think about for the rest of their lives. To save your children heartache, have these situations planned for so that they will know that it was in your best interest and what you truly wanted. Discuss your other options for planning for your children's future with your Attorney in Simpsonville, SC. Charles W. Crews of Crews Law Firm http://crewslawoffices.com/store/practice-areas provides you with services such as estate planning, adoption, and military law. Contact Attorney in Simpsonville SC to learn more!
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