As our children get older and contemplate college, graduate school, careers, and lives with their own families, it's easy to reflect back on what it was like to become a new parent myself.
The excitement of bringing a new baby home is hard to match or describe.
Perhaps you and your partner remember those special moments and how dramatically your lives were changed by this one important event.
In the heat of the moment of adding this new member to your family, it's easy to forget about some of the practical aspects of what this means for your life.
Every new parent should take the opportunity to reflect back on how this might change their estate planning, and whether or not additional tools and risk mitigation strategies are necessary.
If you are currently expecting, now is the perfect time to sit down with an estate planning lawyer and walk through updating your pertinent documents, consider adding additional insurance protections, and deciding how this affects your current will. If this is your first child, naming a guardian for your minor children is a clear next step.
At Lineage Law we're here to celebrate you throughout all of the milestones of life, and help you adapt your estate planning and documents in line with what you need the most.
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