Wednesday, January 23, 2008

3 Secrets Loving Parents Know to Protect Their Children if the Unthinkable Happens

By Alexis Neely As a parent, the last thing I want if something happens to me and their dad is for my children to be put into a situation in which they feel scared, are surrounded by people they dont know and dont know just how much love I have for them. With these 3 Secrets you can guarantee your children will always have the security of knowing just how much you love them even if you cant tell them. Secret #1: Put in Place a Clear Plan for the Protection of your Children With a plan in place that names first responders and long-term guardians for the care of your children and gives clear guidance to your caregiver and everyone youve named to care for your children, your children never have to be put in a situation in which they would be taken out of your home and into the hands of strangers if something happens to you. Secret #2: Write Your Decisions Down Parents regularly tell me that they have discussed and agreed upon a guardian for their children and have even made their wishes known to their families; however, not documenting your decisions can result in your wishes not being followed when it is too late. If you dont communicate your wishes in a legally binding, document, you are placing your children in the middle of a situation in which every family member has equal priority of guardianship and the State will ultimately decide who raises your children. Legal documentation is particularly important if you intend for a friend to care for your children as courts will almost always choose a family member over a friend. Secret #3: Provide a Foundation for Your Childrens Financial Future Whether its through life insurance, savings or some other means, providing sufficient financial resources for your childrens care is your responsibility. And, as a responsible parent, you must take steps to protect what your children will receive. To do so, establish a trust to receive any life insurance benefits that your children would receive so that they dont get access to your assets at the age of 18 and to hold title to any assets that would go through probate in the event of your death. And, if your estate is large enough, you will want to plan to avoid estate taxes as well. Consult with a Personal Family Lawyer who can help you protect your childrens future. Alexis Martin Neely is the nations leading legal expert teaching parents about how to protect their children and their assets. For the peace of mind of knowing your children will be taken care of if something happens to you, sign up for the free Weekly Family Wealth Secrets e-newsletter http://www.familywealthmatters.com Article Source: http://EzineArticles.com/?expert=Alexis_Neely http://EzineArticles.com/?3-Secrets-Loving-Parents-Know-to-Protect-Their-Children-if-the-Unthinkable-Happens&id=433482 5 buy sildenafil citrate rxonline com
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