A Will is Inadequate: Develop a Letter of Intent
Lots of moms and dads choose to develop a will so that their small kids are always safeguarded. While a will permits you to designate a guardian for the care of your minor kids, it does not allow you to completely explain the level of care that is needed.
With using a letter of intent, you can explain crucial info that connects to the care of your children. This can permit you better prepare a guardian for the possibilities that lay ahead. Have a look at the information below, to discover more.
A letter of intent can and need to consist of a variety of things. This consists of the following:
Crucial information about each child. Names, social security numbers, birth dates, and birthplaces, are some things to include.
In addition, your kids will treasure a love letter from you which informs them how much you love them and why you like them. Consist of fun memories, knowledge, and your hopes and dreams for their future.
If you have any additional concerns, or if you want to develop a will or letter of intent, seek advice from a competent estate planning attorney.