One important concern of parenting is what will happen to your children in the event of your death, especially if that death occurs while your children are still minors. Having a will is essential for providing not only guardianship and care of your children, but also providing financial assets in the form of an inheritance. While many people have life insurance policies that can provide for some financial support by naming beneficiaries such as a spouse or children, having a will to outline how your finances and assets will be allocated to your children after your death is crucial to protecting their rights when it comes to inheritance. In order to protect your children’s inheritance rights, it is important to understand the law and how it works when it comes to the distribution of assets upon a person’s death.