Do wills affect placement of children in the event of the death of both parents?
If you plan to have children, a will is absolutely critical for the children’s protection in many ways. In the event of both parents death, children are placed by the courts. Relatives then make claim for custody or conservatorship/costody of the children – and in this then also seek the estate. In a will, you can specify your preferences as to whom you wish to raise the children and this language carries great weight in court. It also insures that whom you pick then also receives the estate and death benefits as you specify.
