As a single parent, you want to ensure that your children are protected in the event of your death. One crucial aspect of protecting your children's future is creating a will. A will is a legal document that allows you to specify how your assets will be distributed after your death, including any financial accounts, real estate, and personal property that you own. It also allows you to choose a guardian who will care for your children if something happens to you.
Why is creating a will important as a single parent?
One of the main reasons to create a will as a single parent is to ensure that your children are cared for by someone you trust. If you don't have a will, the court will appoint a guardian for your children, and that person may not share your values or beliefs. By creating a will, you can choose a guardian who will raise your children as you would.
Another reason to create a will is to specify how your assets will be distributed after your death. Without a will, your assets will be distributed according to your state's intestacy laws. This could result in your assets going to family members who you wouldn't have chosen to inherit from you. By creating a will, you can ensure that your assets are distributed according to your wishes.
How can wills.com help?
Online estate planning platforms like wills.com make it easy and affordable to create a will from the comfort of your own home. With wills.com, you can quickly and efficiently create a state-specific legal will and make amendments if your circumstances change.
In addition to creating a will, it's essential to keep it up to date. Life changes, and your will should reflect those changes. If you have another child, get divorced, or acquire new assets, you should update your will accordingly.
Don't wait until it's too late to protect your children's future. Creating a will is an essential step in ensuring that your wishes are carried out and that your children are cared for in the event of your death. With wills.com, you can put a safeguard in place today and have peace of mind knowing that your children are protected.