Who can continue to mentor their children?
Besides proper academic education, being a parent, isn’t it our main responsibility to mentor our children to be a great person in term of spiritual, mental, and social skill development? Since Tim and Susan had passed away, there is no other medium for them to communicate their core value to Patrick. If Patrick is not lucky enough to get a good mentor, he might end up on the street crime scenes. If you are caring enough to set up a proper incentive living trust for your children, I am sure that there is a certain level of protection predetermined. Here is the solution you can adopt: Write a WILL Tim and Susan shall have their own WILL written by a professional will planner. The WILL is the only way to appoint a guardian for our children. Before you appoint any person as a guardian, talk to them to get their consent. It is even better to provide certain level of regular salary to the guardian as a compensation for their care and love. Create an Incentive Living Trust There are a lot of
