Though you may already have an estate plan in place, it’s important to understand that you may be missing key considerations. One thing you should do if you have not done so already is appoint a Guardian for your child. However, this is not a choice that should be made lightly, so it’s in your best interest to connect with an experienced attorney who can help guide you through these complex matters to help you obtain peace of mind for the future. The following blog explores the role of a Guardian and what to consider when appointing one. Additionally, you’ll learn how a Medina, Ohio estate planning lawyer can assist you during this complicated matter.
What Does a Guardian Do?
A Guardian is tasked with assuming legal custody of a child in the event you pass away. Though it is incredibly unpleasant to think about, it is imperative to do so. The last thing you want is for your child’s future to be left undecided upon your passing.
The person you appoint as Guardian, in the event of your passing while your child is still a minor, will be tasked with providing for and raising the child. This includes ensuring their needs are met while providing education and medical care. They will also be able to make legal decisions on behalf of the child.
What Should I Consider When Naming Someone?
Choosing someone to be the legal Guardian for your child can be an incredibly complicated decision. It’s important to consider what values you would like your child raised under. As such, you’ll want to choose someone who shares the same beliefs and morals as you.
Additionally, you’ll want to ensure the person you choose has the time and resources to raise a child. This not only includes ensuring they are financially stable enough to handle this responsibility, but also that they can adequately meet the child’s needs. For example, appointing your sibling who is wealthy but rarely has time to spare because of their job demands may not be in the child’s best interest.
You should also consider the age of the person you wish to appoint. Choosing someone young who may not be ready to care for a child or someone older who may not be physically capable of assuming this responsibility is something that must be carefully considered.
As you can see, there are many things that must be taken into consideration when appointing someone to this role. It’s in your best interest to connect with an experienced attorney to amend your estate plan to name a Guardian for your child if you have not done so already. The team at Krause Law is ready to help you through this process. We understand how complicated these matters can be, which is why our dedicated legal team is ready to guide you through this process. Our firm will do everything possible to help you appoint this entity to help you achieve peace of mind that your child will be cared for in the event you pass away.
