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ESTATE PLANNING FOR PARENTSKids Protection Planning I have known it was going to be that easy, I would have done it years ago. I now feel educated and empowered when it comes to my plan and that is
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Estate planning for parents involves creating a plan for the distribution of assets, guardianship for minor children, and healthcare decisions in case of incapacity or death.
Parents who have children or assets they wish to distribute upon their death are required to file estate planning.
Estate planning for parents can be filled out with the assistance of an attorney specializing in estate law, or using online resources and templates.
The purpose of estate planning for parents is to ensure that their assets are distributed according to their wishes, and that their children are cared for in the event of their death.
Information required on estate planning for parents includes a list of assets, beneficiaries, guardianship preferences, and healthcare directives.
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