Very important to appoint a guardian for children under 18 years old

If we have children under 18, we should appoint a guardian in case we become incapacitated or die. We will avoid the following problems:

  1. Avoid court proceedings and costs: Without a guardian, the court will decide and it can be time consuming and costly, possibly costing thousands of dollars.
  2. Reduce family conflict: Relatives, etc., may argue over child custody, causing tension in the family.
  3. Ensure compatibility: You can choose someone whose values ​​and style are compatible with your family and children. If you don't choose in advance, the Court will choose and your children may not like these appointed people.
  4. Protect stability: Help your children have stability and avoid unnecessary turmoil through the Court process.
Having a Living Trust not only ensures control of assets, but the main purpose of a Living Trust is to help us avoid the Probate process through the Court. Probate costs can range from 5% -10% of the value of our total assets and can take up to 2-3 years for the Court to resolve.

VINH DOAN LAW OFFICE

Estate Planning | Taxation | Probate | Business

Vinh N. Doan, MSIM, J.D., LL.M. in Taxation

Licensed in CA and TX

10971 Garden Grove Blvd., Suite G

Garden Grove, CA 92843

Cell:(714) 332-9700

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