Preparing Your Will As a New Parent

Videos
Written By Crystal Lee Butler, MBA

Most parents with new and growing families assume they have plenty of time for estate planning and preparing a will, often putting the tasks off and putting their loved ones at risk for far too long. Not only can we never predict the timing of death, but there are also important special considerations that families with younger children need to take into account when preparing a will.

In this video, Episode 27 of the Discuss With Russ series, Russell interviews George Bischof, managing partner of Bischof & Bischof LLP, to learn what new parents need to know about preparing their will.

Topics Discussed:

  • The importance of naming a guardian to care for the kids

  • Appointing beneficiaries and trustees

  • At what age you want your kids to gain control of assets

  • Issues and pitfalls modern families need to consider

  • Creating and regularly updating a robust plan that covers contingencies

You can watch this video and others on the Voice Wealth Management YouTube channel.

Crystal Lee Butler, MBA

Crystal Lee Butler, MBA, is the founder and visionary force behind Crystal Marketing Solutions (CMS), a premier done-for-you virtual marketing agency dedicated to independent financial advisors and small advisory firms. With two decades of experience, CMS excels in developing customized, compliance-friendly marketing strategies that seamlessly integrate proven digital and traditional tactics. They execute your marketing, so you can focus on your clients.

https://crystalmarketingsolutions.com
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