Page 11 - Jupiter West - February '20
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Jupiter West, Page 11
Five Things Every New Mother Needs To Know About Wills
Submitted by Anné investment and bank accounts with your financial advisor consultation today by calling our office at (561) 694-
Desormier-Cartwright, Esq. to make sure there are no inconsistencies when naming 7827, Anné Desormier-Cartwright, Esq., Elder & Estate
As a new mother, you beneficiaries. It is also a good time to check retirement Planning Attorneys PA, 480 Maplewood Drive, Suite 3,
naturally want to ensure account and life insurance beneficiary designations with Jupiter, FL 33458.
your new baby’s future in your financial advisor and your attorney. Naming a minor The content of this article is general and should not be
every way. For many new to inherit more than $15,000 in the state of Florida will relied upon without review of your specific circumstances
mothers, infancy is a time require a guardianship for the money to be used for the by competent legal counsel. Reliance on the information
for celebrating new life, benefit of the child (see item number 4). herein is at your own risk, as it expresses no opinion by
and making a will is the 4. A will is not always the right document for your the firm on your specific circumstances or legal needs.
last thing on their minds. goals. An attorney client relationship is not created through the
For others, the process of When naming your child as a beneficiary, a will only information provided herein.
bringing new life into the goes into effect after you die. If your will leaves property
world sparks intense feelings of wanting control and outright to a minor child worth more than $15,000 the
needing organization. Regardless of where you fall on court will step in and hold the assets until your child
that spectrum, you might be struggling to figure out what turns 18. Most 18-year-olds lack the maturity to handle
steps you need to take to protect your children’s future even a modest estate, so we don’t recommend outright
should the unthinkable happen. Here are five key things inheritance for minor children. Feb. 17
every new mother should know about wills. A trust, on the other hand, goes into effect when
1. Naming a guardian could be the most important you create it and can provide structure to manage the
part of your will. assets you leave behind for the benefit of your child. An Southern Exposure Technologies
If you pass away while your child is a minor, the first experienced estate planning attorney can advise you on Computer Install/Setup/Repair
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for your child’s care. If you do not name a guardian for 5. In the absence of clearly stated intentions, the state (561) 315-0144
your child in the will, and both parents are deceased, the steps in. getsetgo.annie@gmail.com
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