Why Every Parent Needs A Will

As a parent, you want to do everything in your power to protect your children and ensure their wellbeing. One crucial step towards achieving this goal is to have a will in place that appoints guardians for your minor children. A will is a legal document that outlines your wishes regarding the distribution of your assets and the care of your children in the event of your death. While it can be an uncomfortable topic to consider, it is an essential responsibility that every parent must undertake.

Here are some reasons why having a will and appointing guardians for your minor children is so important:

Ensuring the Care of Your Children

If you pass away without a will, the court will appoint a guardian for your minor children. While the court will take into account the best interests of your children, it may not always choose the person you would have wanted to care for them. By appointing guardians in your will, you can ensure that your children are taken care of by someone you trust and who shares your values and beliefs.

Avoiding Family Disputes

Without a clear designation of guardianship in your will, family members may disagree about who should care for your children. This can lead to lengthy court battles that can cause emotional and financial stress for everyone involved. By appointing guardians in your will, you can avoid potential family disputes and ensure that your children’s needs are met without any unnecessary delays.

Protecting Your Child’s Inheritance

If you pass away without a will, your children’s inheritance may be subject to state intestacy laws, which may not align with your wishes. By having a will in place, you can ensure that your children’s inheritance is distributed according to your wishes and in a way that is most beneficial for them.

Peace of Mind

By having a will in place, you can have peace of mind knowing that your children will be taken care of in the event of your death. You can rest easy knowing that you have taken the necessary steps to protect their future and ensure their wellbeing.

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In conclusion, having a will and appointing guardians for your minor children is an essential responsibility for every parent. By taking this important step, you can ensure that your children are taken care of by someone you trust, avoid family disputes, protect your children’s inheritance, and have peace of mind knowing that you have done everything in your power to protect their future. If you have not yet created a will, it is important to speak with an estate planning attorney to discuss your options and ensure that your wishes are properly documented.

At City Pacific Lawyers, we offer a complimentary estate planning consultation to all new clients, where our experienced lawyers will guide you through the process, taking the time to understand your unique circumstances and creating a tailored estate plan that reflects your wishes.

If you or someone you know wants more information or needs help or advice regarding estate planning, please contact us on (03) 9592 3356 or email office@citypacific.com.au or fill in the web contact form here: