Dependents

How do I make sure my minor children are financially protected if something happens to me?

You can protect minor children by naming guardians in your will, creating trusts to manage their inheritance until they reach adulthood, and ensuring adequate life insurance coverage. A revocable living trust allows you to specify how and when your children receive their inheritance, rather than leaving everything to court-supervised guardianship. You can also designate trusted individuals as successor trustees to manage the trust assets for your children's benefit, covering expenses like education, healthcare, and daily living costs.