So, you want to leave assets to a minor child or grandchild? Make sure that you create a Trust so that you don’t trigger the need for a Guardianship.
GibbLaw2015-06-29T14:45:33-04:00If the value of the assets that are left to a minor under the age of 18 exceeds $15,000.00, a Court-administered Guardianship will be required for the minor child. This may happen inadvertently by designating a child as a contingent beneficiary on a life insurance policy or passing away without a Will. Not only [...]
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