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Coffee with Claire #34 – Commonly Asked Questions Blog Series

November 1, 2018

Why would an unmarried person with kids need an estate plan?

Writer’s note: This blog series is meant to act as responses to “quick” questions you may have for attorneys.  Think of these answers as a “quick” answer you might receive over coffee from your friendly neighborhood attorney.

 

An unmarried person with (minor) kids needs an estate plan for many of the reasons a married person does, plus a few additional reasons.

Guardian or Guardians still need to be put in place.  Your attorney will offer different advice for the guardians if the child(ren)’s other parent is still alive, so it is important to speak with an attorney to learn your best options.

A Trust will also need to be put in place.  However, who you may wish to name as Trustee will not be dependent on whether your child(ren)’s other parent is still alive or not.

However, beyond setting up protections for your child(ren), you also need to set up protections for yourself with  a Power of Attorney and Health Care Directive.  Because you don’t have a spouse for some of the “automatic” rights, you want to make sure your own finances/property and personal well-being is taken care of.  That’s what’s best for you and your children.

If you have questions about estate planning, please contact Claire Tralle to set up a free initial telephone call.

 

The information in the Coffee with Claire series are intended to provide information only.  No legal advice is being provided or implied via this blog post.  No attorney-client relationship is formed by providing this information.  An attorney-client relationship with Tralle Law, LLC is formed only after a retainer contact is signed by all parties.