If you still have young children at home in New Jersey, part of your estate planning will include naming a legal guardian. Deciding who you want to care for your children often takes time and thought.
Knowing some important considerations to think about before making a decision can improve your confidence.
When selecting someone to be your children’s guardian, you will want to choose someone with strong moral character. They should exhibit empathy and the ability to work well with others given the fact that they will work closely with your surviving family members in an emergency situation. According to U.S. News, some other considerations to take include the following:
- Organizational skills
- Knowledge of money management
- Physical health and wellness
- Emotional stability
Another important consideration is the family dynamics of the people you name. Do they have children of their own? Are there careers flexible to allow for the additional responsibility of caring for your children? Do they have a similar belief system as you? Is their home environment stable, safe and conducive to growth? Assessing questions such as these can help you determine a reasonable choice.
Prior to naming a guardian, you should always verify the willingness of those you name. You will also want to make your decision formal. You can do this with the help of legal documents such as a will. As you plan your estate, working with an attorney may help you identify what you need to create a customized plan that will suit the needs of your family. Knowing that your children will have the care they need in an emergency situation can bring you peace of mind.