Estate Planning-Married Couple/Single Individual with Minor Children
I routinely come across young individuals, whether married or single, with minor children who do not have any estate planning documents in place. These individuals state that they are young, healthy, and why would they ever need to spend money for a will or an estate plan. But when I ask them who is going to take care of the child if something happened to them and/or their spouse, or if they really trust their 16 year old child to be responsible with all their assets, they do