Planning For Single Parents

Planning For A Single Parents – Ensure Your Child Is Raised By Someone You Choose

You have the primary responsibility for ensuring the well-being and care of your children. If something happens to you while they are minors, you want to ensure you’ve made the decision about who cares for them, and how. In the most ideal scenario, your child’s other parent would be suitable to take custody of your child, if you cannot be there. But in many cases, that’s not possible, or desired.

And, even if it is, you may want the financial resources you are leaving behind entrusted by someone other than your former spouse or partner. No matter what the scenario, as a single parent (whether your child’s other parent is in the picture or not), you need to take the steps necessary to legally document who you would want raising your child, and how you would want your child raised, and how you want your assets handled for your child, in case anything happens to you.

Having a will or naming godparents is simply not enough to keep the court system from making decisions about your children’s care in the event of your incapacity or death. Don’t let a judge, who doesn’t know you or what matters to you, decide who raises your children or handles the money you’ll leave behind.