Choosing a guardian is one of the most significant decisions that parents of minor children must make when estate planning. This decision can help to ensure that children will be cared for by a trusted individual in the event of the parents’ untimely death or incapacitation.
It cannot be emphasized enough that this is a consequential choice that requires careful consideration of various factors, as the well-being and security of the children at issue are at stake. Therefore, it’s understandable that many parents may feel overwhelmed when trying to settle on one individual over another. Considering the following is a good way to get started.
Compatibility and capabilities
If you’re trying to select a guardian for your kids, know that choosing someone whose values and beliefs align with your own is generally a good idea, as you likely want their upbringing to (relatively) mirror the one that you aspire to provide for them. You likely want their situation to reflect the principles and morals you deem important if you can’t be there to teach your kids those beliefs yourself.
Your chosen guardian should also be emotionally and physically capable of raising children. Their health, energy levels and overall stability will affect their ability to provide for your child. It’s also important to consider whether any individual under consideration has the patience and resilience to take on the responsibility of parenting, especially under potentially sudden and tragic circumstances.
Finally, before finalizing your decision, you’ll want to have an open and honest conversation with your potential guardian candidate to ensure they are willing and prepared to take on this responsibility. Discuss your expectations, the support they will have and any concerns they may have about guardianship so that you can make a truly informed decision.
There is nothing more precious to you than your kids. Taking the time to thoughtfully select a potential guardian will help to ensure that their interests remain protected if you are no longer able to safeguard them yourself.
