Starting a family can be a wonderful experience. And while it’s full of fun challenges, it comes with a dramatic increase in responsibility. You’re no longer just responsible for yourself. You’re also responsible for your child. Once they come into the world, you’ll want to make sure they’re protected and you’re able to care for them even if you pass away unexpectedly. That’s where working with a Valencia estate planning lawyer can come into play. Your attorney can help you draw up a will that looks out for your loved ones in full.
But you don’t have to wait until your child is born to create your will. In fact, doing it before they’re born can still be a great choice. Here’s why you and your partner should start creating a will while you’re expecting.
You Have More Time Before Your Baby Is Born
Once your child is born, you’ll be so busy figuring out how to be a great parent that you may not have time to think about your will for months. Your will should be something you plan carefully and put thought into before deciding who will take on certain responsibilities. By creating a will while you’re expecting rather than waiting until your child is born, you’ll be able to get it done before your energy is devoted entirely to something else.
You’ll Create a Plan for Your Child’s Care
Unfortunately, nothing is certain in life and though you plan on being there for your child through all of their major life changes, the unexpected can happen. If anything happens to you or your partner, you’ll need to have a plan in place to ensure that your child receives the care and love they deserve. By creating your will while you’re expecting, you’ll ensure that people you trust can step in and care for your child if you’re unable to do so.
You’ll Make Sure Everything Is Updated
If you already have a will, you likely haven’t updated it in a while. Though this might not seem like a huge deal, it can be if your assets have dramatically changed, or if you left assets to people you no longer wish to include. By reviewing your existing will or creating a new will when you’re expecting, you can ensure that everything is up to date and that your will accurately expresses your wishes based on your current situation.
Be Ready to Revamp Your Will
If you’re expecting a child, now is the perfect time to start thinking about your will even if you wait to update it until your child is born. By reviewing your current will and thinking about the changes you want or need to make now, you’ll be better prepared when you finally update the document.
No matter where you stand in your estate planning journey, the team at Jackman Law is here to help. Our experienced Valencia estate planning lawyers can help you create an estate plan that works for your current and future needs. Contact us today to schedule a free consultation.