When you are a parent, protecting your children quickly becomes one of the highest priorities in your life. You try your hardest to keep them safe and to provide them with the best opportunities possible. One of the hardest things to imagine, much less plan for, is what would happen to them is the event of a tragedy. All parents instinctively know that they need some kind of document that explains who should look after their young children should anything happen to them, yet 69% of parents do not yet have a guardianship plan in place.
Laying out an effective guardianship plan provides more than simply a designation of who takes care of your children. A well-crafted guardianship plan allows the parent to expand or limit the guardian’s authority as they see fit andcan significantly reduce the delay in appointing a guardian after the parent’s death. Additionally, it spares your family the agony of a dispute over guardianship appointment at a time when they are already grieving. On the other hand, parents (and their advisors) who neglect to plan for this type of situation often make costly, and detrimental, mistakes.
10 Key Mistakes in Guardianship Planning
PROVIDENTIA LAW understands how to avoid all of these mistakes and counsel parents through difficult, emotional decisions regarding guardianship nominations and other key protections for their children. As a parent himself, Founder David Ryan knows exactly how crucial, and taxing, this process can be. We create a customized solution for each family that is designed to cover every eventuality and to withstand the strongest legal challenges. We call this solution Children 360° Planning – protecting and planning for your young children’s future.
David’s hard work in creating our estate and children’s protection plan lifted a tremendous weight off our shoulders. We’ve never felt a happiness like this before – finally having the comfort in knowing that our children’s futures are protected.
We evaluated several estate planners and immediately chose David. Before he offered plan services, he had personally gone through the struggles and pitfalls of estate planning and we could sense his great passion for the subject. We knew that David could offer plan insights from his personal experience and that his unique forward-thinking plan approach would be unlike any others offered.
David was able to explain estate planning and asset protection complexity in a way that was easy to understand and he listened to what was most important to us in creating our custom-tailored plan. His Client Services Director was very responsive with scheduling and assisted during signings. They are both incredibly personable and many times it felt as if we were with friends.
When we were highly emotional during the guardianship decision making process, they were very empathetic, welcomed us to go at our own pace, and David offered practical and effective suggestions to help us move forward. When my wife woke up in the middle of the night anxious to sign off on our guardianship plans before our big trip away, David came to our home within 24 hours’ notice on a public holiday to make it happen. Although the plan process can be stressful, David made the whole process feel easy and we knew we were in a safe pair of hands.
We’re grateful to have Providentia Law as our life-time partner and love that the plan comes with life-time plan amendments. This is so important to us because it means that as our family and life situation changes, we can easily reflect these changes without the burden of additional legal costs. It’s so reassuring knowing that our family can continue to be protected no matter what the future has in store for us.
As parents, we believe that we have a responsibility to plan for our children’s futures and we can think of no one better to entrust in helping with this than Providentia Law.
-Christopher and Sarah-Jayne Couhault
Emergencies can happen at any time, is your family prepared? For more information on how to protect your children’s future with a Children 360° Plan, email us at email@example.com or give us a call at (408) 560-7010.