To designate a guardian or trustee for your minor child, follow these steps:
Review your life insurance policy: Understand any specific requirements or restrictions related to naming a guardian or trustee.
Choose a responsible person: Select someone you trust to act in the best interest of your child and manage the insurance proceeds appropriately.
Obtain consent: Discuss your intentions with the designated guardian or trustee and secure their consent to fulfill the role.
Document your wishes: Create a legal document, such as a will or trust, clearly stating your choice of guardian or trustee.
Seek legal advice: Consult with an attorney to ensure your documentation aligns with local laws and regulations.