Young Children Require Special Attention in an Estate Plan

Making sure that young children are cared for is usually a top priority for parents when drafting an estate plan.  Parents should consider including a trust in their estate plan.  A trust permits a person selected by the parents to manage assets for the care and support of children.  Creating a trust must be done with great care, and follow up planning is required to ensure that assets will be available to the trustee.  For more information about estate planning for children, see our web site at http://jtlaw.us/estate-planning-tools/planning-for-minor-children/.