Estate Planning Guide for Parents with Minor Children

Effective estate planning requires a basic understanding of planning issues. With this information, you will be able to make better decisions. This information is aimed primarily at parents with minor children. It is especially important for parents with minor children to have a will. With a will, you can better ensure that your children are suitably taken care of, both personally and financially. Some of this information assumes that parents are married. However, with respect to estate planning involving minor children, this information applies equally to a single parent. What is different is that a trust you create for your children would be the primary beneficiary upon your death rather than a spouse.

Download the Estate Planning Guide for Parents with Minor Children here.

This is not intended to be legal advice, but rather, to provide accurate information regarding estate, trust and wealth preservation. For more information regarding these matters, please contact any member of our estate, trust and wealth preservation group: James A. Rapp ( jrapp@srnm.com ), Ted Niemann ( tniemann@srnm.com ), Harold B. Oakley ( hoakley@srnm.com ), Michael A. Bickhaus ( mbickhaus@srnm.com ), Jeffrey L. Terry ( jterry@srnm.com ) or Joseph B. Ott ( jott@srnm.com ). Our telephone number is (217) 223-3030. Please visit our website: www.srnm.com. We invite and welcome all questions and comments. © 2013 Schmiedeskamp Robertson Neu & Mitchell LLP Vol. 2015-1