When you are a parent of young children, it can be hard to set aside time to plan for their future. At California Trusts Online, we try to make estate planning convenient and affordable so that parents of young children can focus on their children’s daily needs and their long-term needs.

The two most pressing questions that parents face are

            1. Who will take care of my children if I cannot?

            2. Where will my money (and other assets) go if I die?

In California, you are free to give your estate to whomever you want to, but how do you set up your distribution plan if you do not have any children? The choice of who inherits from you is very personal and should reflect your values. Here are some options to consider.

Only you can decide if a Trust is right for you, but here are a few of the most common reasons people find a Trust helpful.

As with most adventures in life, we rarely plan for the end while we’re at the beginning, but every parent (new or seasoned) has the responsibility to choose someone to care for their minor children if they are no longer able to do it themselves. In California, this person is called a Guardian, and the nomination of a Guardian is appropriately included in your Will.