Estate Planning for Families with Children

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Estate Planning for Families with Children

September 16, 2014 Posted by Don Sweet, Esq. AEP Estate Planning

Families with young children often ask what is the basic, or base level of planning to protect the kids.

This video reviews the key issues:

1) Life insurance to protect the income stream generated by the key bread winner parent.

2) Will – to express the intent of parents about who they love and what they hold dear.

3) Powers of Attorney – empowers someone else to write the mortgage check if there is a medical crisis.

4) Advanced Health Care Directive – provides clarity about our wishes for end of life decisions.

5) Letters of guardianship – gives directions as to who we want to raise the children.

Tags: Estate Planning

About Don Sweet, Esq. AEP

Don Sweet heads the San Francisco office of Rodnunsky & Associates. Don Sweet serves clients through counsel and advocacy. Whether planning an inter-generational wealth transfer strategy, adminstering the details of a trust or defending the rights of a beneficiary, Don’s efforts and focus are client centered. He is determined in pursuing client rights. Understanding the importance of value in professional service relationships, Mr. Sweet delivers creative, realistic and cost-effective solutions. With a deep and varied planning background, he works with those who seek protection of family and wealth in all areas of estate planning. Mr. Sweet holds the Accredited Estate Planner? (AEP) designation from the National Association of Estate Planning Councils. He earned his undergraduate degree from Arizona State University and earned his law degree from Whittier College of Law where he was a member of Law Review. He externed for the Honorable John Ryan, a Federal Bankruptcy Judge and Chief Judge of the U.S. Bankruptcy Appellate Panel for the 9th Circuit. Mr. Sweet has worked with private clients since 1997 and joined the California Bar in 2005.