After divorce, if
either parent dies, then the surviving parent will normally
have full custody of the children (even if the deceased
parent had primary custody). If one parent believes that the
other should not have sole custody, advance planning is
essential so that other family members are prepared to
petition the court for a guardianship in the event of the
custodial parent’s death.
In addition, if a
deceased parent fails to name a “guardian of the estate” for
any property left to a child, the surviving parent will
normally be entitled to manage and control the money. Since
many marriages fail because spouses do not agree about
financial matters, many divorced parents prefer to nominate
a different person to manage the child’s money, (Generally,
the use of a trust or
DocuBank
provides emergency access to your healthcare directives,
24/7/365. We include DocuBank as part of our estate
planning services to ensure that your living will, health
care power of attorney and other medical directives will be
immediately available at the hospital when you need them,
via fax and/or online –around the clock and around the
world.
Be sure to carry your DocuBank Emergency Card in your wallet
-- next to your driver’s license or health insurance card.
You should also periodically update your emergency contact
and medical information stored with DocuBank. To do so,
simply
click here
or on the DocuBank logo. For more information on this
valuable service, visit
www.DocuBank.com
or call toll-free 866-DOCUBANK.
For more information please
contact us!
