Documenting who should take LO if something happens....

Angiesmommy · July 2010

What kind of document do I need to get written up that would state who I want DD to go with if something should happen to me? (God forbid!) Do you know if this would have be put into a Will or could I write it and get it notarized?? TIA!

ladipale · July 2010

A will is your best bet and hold up better in court. Try to find a paralegal who can help draft it, it will be cheaper than working directly with a lawyer.

AvaLikeLava · July 2010

Ditto on the trust. While more expensive to setup it accounts for so much more, with the most significant being sloping probate which will save your family money and give them immediate access to your assets.In addition to Julie, we have an excelent trust attorney in SF.

Mrs.K&C · July 2010

If you don't own a house or have a lot of assets to worry about, a trust would be an unnecessary cost for what you're looking for (IMO). A will would be your best bet, but if that's prohibitive cost-wise (usually a simple will can run about $400), then the other option is to use something like Quicken Willmaker which takes you through the steps needed to set up guardianship, then you have that document notarized.

But, if you think A's father's family might fight something in court (or anyone else), your best bet would be a will. If you fear any kind of opposition to your decision it's harder to fight a will (or trust) in court.

Angiesmommy · July 2010

Thanks ladies!! Those were all great suggestions and now I just have to think things over and decided which way to go.

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Documenting who should take LO if something happens....

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