If I am not here, at least I have a say in how and on what terms my kids receive what I built, who takes care of them, and how everything is managed. That is a way of expressing love. That is why I say estate planning is an act of love.
What I Said
From my September 10 Parents Edition workshop at the Cambria Hotel in Calabasas, lightly edited for readability.
The same as the estate plan. If I'm not here, at least I have a say how, on what terms, my kids will receive certain things, who will take care of them, and how everything will be managed if I'm not here. That's the way of expressing your love. That's why I have this whole... Estate planning is an act of love.
The full talk, written down: Who Picks Up Your Child From School if You Never Come Home?
More on this topic: Estate Planning
More From the Workshop
- Blended Families: The Surviving Spouse Owns the Whole House
- I Named My Daughter Successor Trustee at 18. Most Parents Should Not.
- Left Directly to a Minor, It Sits Until 18. And Anyone Can Raise a Hand.
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