Parents with young and growing families want the best for their children, even as life gets very busy. Having a detailed Will prepares families for unforeseen tragic accidents or illnesses. Your Will is the place where you get to identify guardians for your children, rather than having the state decide. You can also include a special Testamentary Trust in your Will that can manage inheritances over time rather than distributing everything to your children when they turn 18 years of age.
Parents can also protect themselves with Financial and Health Care Powers of Attorney. These documents allow you to designate an agent to represent you and manage your affairs if you ever become incapacitated. With a strong estate plan in place, you will know you are prepared - for yourself, your spouse, and the kids.