Estate Planning for New Parents
Excellent article from fellow attorney Timothy White on planning for new parents – and frankly why there should be an attorney in the mix to ensure beneficiary designations are made appropriately to avoid cost, trauma and passage of assets to young children before they are ready for the responsibility (among other pitfalls of naming minors as beneficiaries of life insurance and retirement plans).
Estate Planning for New Parents.
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Tags: estate planning, guardianship, life insurance, minor, parents
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Are You Making One of the Six Common Mistakes Most Parents Make When Naming Guardians For Their Kids?
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