A Will is Inadequate: Produce a Letter of Intent
Many parents choose to create a will so that their small children are always secured. While a will enables you to designate a guardian for the care of your minor kids, it does not permit you to completely describe the level of care that is needed.
With the use of a letter of intent, you can explain crucial information that associates with the care of your kids. This can allow you much better prepare a guardian for the possibilities that lay ahead. Have a look at the information below, to get more information.
A letter of intent can and should consist of a variety of things. This consists of the following:
Crucial info about each child. Names, social security numbers, birth dates, and birthplaces, are some things to include.
In addition, your children will treasure a love letter from you which informs them how much you love them and why you like them. Consist of enjoyable memories, wisdom, and your hopes and dreams for their future.
If you have any additional questions, or if you ‘d like to develop a will or letter of intent, seek advice from a certified estate planning lawyer.