Your decision is not set in stone, you can come back and change your mind at any time and update your documents free of charge. Just make sure you have a legal document in place that nominates a legal guardian at all time.
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Do you own digital assets? Include them in your Will
A word of advise after billions of dollars of digital assets are lost in cyberspace never to be retrieved again.
It is important to specify which digital assets you own in a provision for digital assets in your Will to ensure that they don’t get lost in cyberspace after you die.
A will is something many of us put off creating, even though we know we shouldn’t. Why not take the plunge today and make your wishes known, because you never know what’s around the corner tomorrow?
One realization I had is that I had purposely ignored the whole concept of death to the point that I was clueless about what losing someone entails apart from they will be buried or cremated.
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Splitting Heirs: Unequal Treatment Between Heirs
What happens when parents, in an attempt to “do what is right”, give more to one child than another after they are gone?
What happens when parents, in an attempt to “do what is right”, give more to one child than another after they are gone? They create a potential for a witch’s brew of resentment and in-fighting that can go on for years.