You need a living trust, not a will. A living trust is a special document that a lawyer can help you prepare. Unlike a will it doesn't require that the courts administer it so your family can get what they need right away.
Also you should have a godparent ready to take care of him if something does happen. You need to discuss this with the godparent you have chosen to see if they would be willing to do this job. It's not for everyone. Then you need to discuss your choice with both your son and your lawyer. This should also be written in the living trust and in a standard will (which can be handwritten) that is stored locally in your home.
Lastly, you'll need life insurance. you can get a good sized policy for fairly cheap if you don't smoke. This will pay for him to go to college and for nay medical expenses he may have. It also can help him get his life started once he turns 18.
If something does happen to you you need your plans known. Following these steps will make things a lot easier.
2006-07-26 02:46:29
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answer #1
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answered by jjbeard926 4
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You need to decide who you'd like to raise your son if you're not around. Talk to this person (or persons), make sure they're willing to do this, and then have a will drawn up. A living will should also be done, too, so that your wishes on that issue will also be clearly stated. You NEED to have a will and a clear plan about your son. You will feel much better about things once it's decided.
2006-07-26 02:44:10
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answer #2
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answered by clarity 7
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If you don't have a will, the state can take everything. Even if you do have a will, but you owe a lot financially, your estate has to pay your debts before it can be given to your son. As for his physical placement, the state would try to find a family member to take him if you don't nominate someone. Yes, a will is the best way to take care of all of these needs. Contact an attorney. They can advise you on what your choices are.
2006-07-26 02:41:29
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answer #3
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answered by Mary J 4
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First you find someone you trust who likes your son and who your son feels comfortable with. Then you ask that person if they would be willing to take care of your son if anything happened to you. Next you get insurance on yourself with your son as beneficiary that way the guardian will not be financially burden with the added expense of raising your son. Finally you go to a lawyer and have all this put into a will. Do it as soon as you can for your piece of mind and because you love your son.
2006-07-26 02:44:20
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answer #4
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answered by daljack -a girl 7
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You need to make a living will. Also you should designate a person for power of attorney for health care and in case of you death the care for your son. Make sure that people you choose are who you really want raising you son and that they agree. They Will also have to sign these papers. I would talk to a legal aid person regarding this so that all you i's are dotted and your t's crossed.
2006-07-26 02:44:52
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answer #5
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answered by Anonymous
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If you don't have a will, the state will take your stuff and distribute it. They will give your child to a relative.
You need to make a will for your home and your things. You should find a guardian for your child and put it in the will.
Living wills are a good idea too.
2006-07-26 02:41:17
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answer #6
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answered by Jessie P 6
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Seriously, make a will. Go to a lawyer and have it drawn up. In CT, it costs about $350 for both your regular Last Will/Test. and also it includes the living will. It is the best $350 you will spend, because it is peace of mind.
2006-07-26 02:44:35
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answer #7
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answered by DMBthatsme 5
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Make a will - if you don't he will end up with the state and if different family memebers fight over him - it can be a long drawn out battle. Also set up a trust so that your money does not go through probate before reaching him. Also, keep up to date with your will papers - his daily routine, likes & dislikes, important things to you - i.e. church, education, etc... This will help his legal guardian raise your child.
2006-07-26 02:45:47
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answer #8
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answered by socaljules 3
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if you don't have a will then he goes into foster care with the state. You need an attorney to create a will for you so that you don't miss anything. Not sure how you can be a parent and not know you need a will.
2006-07-26 02:41:13
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answer #9
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answered by thunder2sys 7
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If you die, yes! But you cannot do anything! You are out of here! Depends of him about what he wants to do in his life!
2006-07-26 02:42:59
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answer #10
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answered by Jerdy 5
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