Is a Will Important for My Child’s Security?

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My husband and I have contemplated on having a will written for the sake of our son.  Me, being the obsessive, crazy, over-protective parent that I am, would absolutely go crazy in my grave if my son ever had to live with the wrong family. I love my husband and my son to death. Just as most wives around the world with their own family. Unfortunately, because we have had “other” things going on in our lives, we haven’t formally taken the time to actually get a will situated.  That, or because deep down, I’m pretty superstitious. I have this crazy feeling that something bad could happen as soon as we do write one.  I know, maybe I just need to watch less TV, right?

will-for-children

How the lack of a will could affect your child

Did you know that with out a will, the state has the right to take your child and appoint him to another family? That’s right, if anything was to happen to you, without a will, the state court has the legal right to have another family care for your child, regardless of who his living relatives are.  Of course they would probably take him to foster care first and from stories (might be rumors but you never know) I’ve heard, it’s not that nice.

So to me, this one reason is enough to make sure my child is secure in case anything happened to me.  Then there are financial issues as well that you have to consider. How will your child be financially secure if he’s not old enough to understand how to care for money, etc?

Easy steps to create a will for your child

One of the many reasons people don’t create wills right away is because they simply don’t have the time and/or money for a lawyer. Well guess what? You can easily take care of this yourself. Here are easy steps to consider when creating a will:

  1. Name your beneficiaries. Make sure you remember that your child cannot be responsible for handling assets until he is of legal age. Therefore, someone will have to do it for him until that time, which means you should find someone you trust to do this.
  2. Choose your child’s guardian. Again, choosing a beneficiary and a guardian are two separate things. So make sure you and your husband really work this out.
  3. Create your document with as much detail as you can. Suggestions would be to type your document as you don’t want someone to assume what is written on it if they cannot read it. Have it titled as your will, make sure you sign and date it, and get it notarized. Notary signatures range anywhere from $10 and up. I would also bring at least two witnesses with me so they can sign the document just to be absolutely sure.

I’m not a lawyer or legal advisor and am merely presenting this as an easy and perhaps temporary way to have something written down. Of course if you’ve got the money to hire a lawyer to put your mind at ease, I might recommend doing so, but I have a feeling that a will is always better than nothing.