And Baby Makes Three: Be Prepared
With the news of a pregnant Kate Middleton, there is a lot of interest and discussion about pregnancy, health and babies. Few of us will ever give birth to, or know someone who will give birth to a future prince or princess. But for the rest of us, news of an expectant addition raises a number of questions about the health, welfare and safekeeping of the family. All of which are as important as if your newborn were royalty!
Many will need to arrange having a will prepared, and for those who already have wills, there is likely a need for updating. For example, selecting a Guardian for the new child is one new issue that should be addressed for their protection, should you be unable to care for them at any point in their life. You may also wish to attend to estate planning issues, set up college savings, and other financial arrangements necessitated by a new addition to the family. Not only will these steps legally safeguard your family, they will provide you with the peace of mind that they are well-protected for the future.
Lloyd C. Rosen is a matrimonial and family law attorney at Wisselman, Harounian & Associates, P.C. located in Carle Place, New York. For more information on this topic or any divorce law topic, please visit www.lawjaw.com or you can email info@lawjaw.com.