For parents of minor children, creating a will is an important responsibility. This Parents Will for those with minor children is useful for a single or married person who currently has children or intends to have them. It will remain valid after the minor children become adults. Our sample will for parents alongside the easy interview process allows you to state your intentions for your estate after your death, including who will receive your property and who will carry out your wishes. You can also specify who will take care of your children.
Use the Will for Parents of Minor Children document if:
You want to control how your property, including digital assets*, to be passed along after your death.
You want to name the people or organizations that will receive your property after your death.
You want to select the person or organization who will be responsible for making sure your Will is followed.
You want to determine who is entitled to care for your minor children. Note: If the sum of your assets is upwards of $5,000,000, the current federal estate tax exemption amount, you may want to speak with a lawyer for your estate planning needs.
The definition of Digital Assets can include any online accounts or computer files. When parents with minor children make a Will they can specify what happens to email accounts, blogs, social-networking websites, online backup programs, photo and file sharing websites, financial and business accounts, domain names, virtual property, and computer files.
This Will is useful for a single or married person who has minor children or who intends to have children.