Young Family Planning
Estate planning is just as important, if not more, for young families than for the elderly. Who will care for your young children if you can no longer do so? Who will manage your assets? How will your spouse care for the family if you are not there to help?
A misconception is that trusts are only for the elderly or the wealthy. Many times trusts are created when individuals or couples become parents. Even if parents have limited assets, should they pass before their children, a trust can hold their assets in a single undivided fund to be used to care for their child or children until they feel their child is of a mature age to handle and become beneficiaries of these funds.
The team at Alley Law will custom-tailor an estate plan to give you the peace of mind that your children and your family will be financially and practically cared for if something were to happen to you.