Woman looking puzzled and stressed

Kathy Sweedler: This blog post was originally posted in 2013 by Karen Chan, CFP, retired Extension educator. A reader recently requested it. This is a timeless topic, still helpful today, and I’m happy to repost it.

When our father, died, I think my sister and I both felt like we were wading through a sea of details.

Individually, most of them weren’t a big deal. But the volume and speed with which they had to be handled made it stressful.

Estate Planning is one of the most overlooked pieces of a holistic financial plan. It could be because we’re not only discussing money, but also death. Two of the most unfriendly topics in finances. With, estate planning is a really important part of finances, without a will, your estate can end up in probate with your possessions and assets in limbo.

minor child walking down the sidewalk

Choosing someone to raise your child in the event you die is a daunting task.  While godparents can be a potential choice for a guardian, without documentation from your will to nominate a personal guardian, your wishes may not be honored. Below are a few pieces of information I gathered from my research into the topic of guardianship:

Finding a Personal Guardian