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It is difficult to imagine losing your life before your children are grown. However, it is essential to have a plan in place to protect your wishes in case such an unforeseen event arises. Who would step in and care for your children? Would several relatives become conflicted? By appointing a guardian for your children in your will, you can safeguard your family from these types of issues.

Legal Guardianship for a Child

By appointing a legal guardian for your child in your absence, you will give the guardian or guardians the authority to make decisions regarding your children's upbringing, education, health and other important matters. The guardian will manage your children's inheritance until they are capable of managing their finances on their own at age eighteen or older.

Through a proper estate plan, you can clearly outline how you wish your assets to be distributed to your children. Perhaps you do not want your children to receive their inheritance as a lump sum on their eighteenth birthday. You may opt for a distribution plan tailored to your specific desires. Without a will, these important decisions are left up to the courts, and your estate may not be distributed according to your wishes.

Protect your children and your estate by speaking with an experienced lawyer at Lewis Nedas Law. Remember, you really can't take it with you. To submit a query about your legal matter, please contact our London solicitors online or call our offices on 02073872032.

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