If you are a parent of young children, you undoubtedly have a to-do list a mile long. Your personal and estate planning is likely pretty low on the list given the extraordinary juggling of tasks raising a family requires. Estate planning also might not seem like a priority when you are young and you feel that you don’t have enough assets to make it worthwhile to prepare a will at this point in your life. If you’re nodding yes, you are not alone – over half of Americans have not prepared a will.
What is a Will?
A will is a document in which you lay out your wishes and plan for how you would like your assets to be distributed, and perhaps even more importantly, whom you would like to care for your minor children in the event that both parents are deceased.
What if I Don’t Have a Will? What Would Happen to my Assets?
Read Larissa’s full article as published on Seattle Child’s website: Where There is a Will, There is a Way
Do you have questions regarding estate planning for your minor children? Call Larissa today at (206) 624-6271.