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Daily Archives: February 23, 2014

Five Estate Planning Considerations for New Parents

Most new parents have become experts at planning before a baby is born.  They have created the nursery, planned for childcare and some have even started planning for the unborn child’s education.  All of that is great.  But don’t let your planning stop there – creating an estate plan is another essential you simply cannot overlook. Here are 5 estate planning considerations you need discuss with an attorney when creating your estate plan as new parents: Name a guardian.  While it is extremely difficult to even contemplate your child growing up without you, sometimes it happens.  By naming a guardian in your will, you will have done your best to protect your child should the unthinkable actually happen.  Remember that you can always change your mind about your choice of guardian, so don’t let waiting for some “perfect choice” to appear stop you from protecting your child. Education costs.  The

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