One of the hardest things any parent can do is plan for the worst case scenario. But it’s also one of the most important.
Naming a guardian for your kids should anything happen to you is a key part of creating an estate plan. But that’s only part of the equation. It’s equally important to have conversations with the person you designate about your wishes and expectations to ensure they’re prepared.
There are financial questions to consider, as well. Is the person you want to raise your child the same person you want to be in control of them financially?
No one knows how to have these conversations on instinct alone. Financial advisors can help—we help folks work through these questions on a regular basis, and we can help you have more productive discussions.
Learn more: QuorumPW.com