Kids Protection Planning—the Most Important Thing You Can Do For Your Kids

If you have a family with young children, then your estate plan should begin with a foundation that ensures your children would always be taken care of, no matter what happens. At the Palm Desert Law Group, APC, one of our areas of greatest expertise is planning for and protecting your children.

What Would Happen to Your Kids if the Unthinkable Happened to You?

Did you know that 69% of parents have not yet named guardians for their kids?

And of those who have, most have made one of 6 common mistakes most parents (and their lawyers!) make when naming guardians.

Don’t let this happen to your family!

Without proper planning, if the unthinkable happens to you, here’s what could happen:

And of those who have, most have made one of 6 common mistakes most parents (and their lawyers!) make when naming guardians.

  • A Judge who doesn’t know you, or your family, could decide who will raise your kids, even if it’s the last person you would ever want;
  • Approximately 5% of the total value of your assets could be lost due to probate, a court process that can tie up your assets for months or years and deprive your kids of the resources they need to live comfortably;
  • When your kids turn 18, they will get a check for whatever assets are left – outright with no protection and no supervision; and
  • Unscrupulous people who make it their business to review public records could find out your 18 year old is coming into money and prey upon their vulnerability.
The vast majority of estate planning attorneys simply do not address these issues and do not plan from a parent’s perspective.

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