Parents have a responsibility to protect their children and provide them with an environment of love and respect. With so many things to attend to both at the workplace and home, it can be challenging to find time to sit down and think about the future.
Here’s an important question to ask yourself, “How can you, as a parent, protect your children should the unexpected happen?” This is a difficult but necessary question for every parent out there. And this is where estate planning comes in.
Estate planning refers to the process of making a plan in advance and designating whom you’d want to inherit your assets after you’re gone or incapacitated. Your estate, in this case, comprises all your assets:
