Estate Planning

Parents - Don't Forget This Important Aspect of Parenting

By Gregory Herman-Giddens

This afternoon I'm sitting in Koury Natatorium on the UNC Campus watching my son and hundreds of other kids compete in the Chapel Hill Summer Swim League Championship meet. This is my 15th year of doing this, so I have spent many, many hours watching my kids swim, volunteering, etc.  And that's for only one of their activities.  Of course, my situation is not unusual, but rather the norm for middle class parents.

What struck me, though, is that parents routinely spend dozens, if not hundreds of hours, and hundreds, or maybe even thousands, of dollars annually on their kids' activities.  Yet most do not chose to spend a few hours, and as little as several hundred dollars, to put in place an estate plan that will protect their children in the event something happens to them.

So, parents, go ahead and schedule an appointment to meet with an estate planning attorney.  The peace of mind is priceless.

Full post as published by North Carolina Estate Planning Blog on July 19, 2008 (boomark / email).