People often think of estate planning as a task meant for the elderly. As time goes on, the urgency of estate planning indeed increases, but people of every age should be investing time into planning for the future. This is especially true if you happen to have young children. Establishing a will or trust is an essential component of ensuring that they are not just financially secure in the future, but cared for, too.
There are many reasons why you should establish an estate plan when you have kids. Whether you are a single parent or are married and starting your family, a will or trust can provide peace of mind. Consider enlisting help from an attorney to ensure that you are addressing all your family's needs in yours.