The future is uncertain. Period. Anything can happen to anyone. Therefore, just like insurance, choosing a guardian for a child is also essential to secure their future.
Deciding the guardian for your children is a difficult choice. Many people around you love you. Even if you have someone in mind, how will you make sure that the person offers the same level of protection, comfort, education, and happiness, as you can?
Honestly speaking, no one can replace parents. Since life is unpredictable, it is still wise to choose a guardian for your children when you have the chance.
Planning for the future of your family is always a smart thing to do. However, no matter how robust our planning is, fate is something we can’t control.
People die in accidents; they get paralyzed, or they even become a burden themselves. In such scenarios, they simply can’t take care of their children that they have brought into this world.
Choosing a guardian for your children will require weeks of pondering, you may even fight with your other half in choosing the right guardian.
However, to make this tough decision easier for you, we are explaining some tips below that you should consider when deciding on a guardian for your kid.
Why choosing a guardian is important?
God forbid, you die when your children are young, then, what will happen to them? Have you ever thought about it?
If you die, anyone can come forward to apply for the guardianship of your children. They can even forge documents if you have tons of assets. You don’t want that happening to your kids.
So, you need to put some thinking into this matter. Get on your couch with your spouse, take out your pen and paper and start with these considerations:
1. Your values matter
Make a list of all the people that you think will be a good fit for your children. Once you have the list ready, it is time to evaluate them based on your values.
Will these people be able to offer the same level of education to your children that you have thought about? What views do these people have about morality, ethics, science, and religion?
If you are religious, you would want someone who is also religious. If you are frugal and want to impart the same principles in your children, you would want a person who practices the same principles.
2. Narrow down your list
Depending on the values, you can now narrow down your list to a few individuals. First of all, decide whether you would want a single person to be the guardian of your parent or a married person.
You should know that a married person will probably have their children. On the other hand, a single person will also have different priorities in life.
Next, think about their age. Should they be old, or should they be young? Young people will have less experience but will be able to help your children, as they are more active and engaging.
Older people will not be able to monitor the activities of your children as sharply as the young ones, but they will have more experience and will offer better values to your children.
Another thing you need to consider is the gender. Should the guardian be a male or a female? Usually, male genders are considered for male children, while female genders are considered for female children.
You also need to think about their financial condition. Is the guardian financially stable? You would not want to make a guardian of your children who is not financially independent.
At the same time, make sure that the guardian is physically healthy. If he has some illness, he may not be an appropriate guardian for your children.
3. Permission of guardian
Now that you have the list ready, what is next? You can’t simply add the guardian on your list, right? You need to make sure that the guardian knows about your plan and that you have their permission.
You should also ask if the guardian is comfortable with the duty that will come on their shoulders in case something happens to you. At the same time, ask them if they have any concerns about the responsibility you are trusting them with.
4. Make it official
Now that you have it all planned out. It is time to make the document official. How are you going to do that? There are two ways to make a person an official guardian of your children:
Add it to your will
The first thing you would want to do is to make it part of your will. If you haven’t added it to your will, then it isn’t official. You may need a lawyer to make it a part of your will and get it approved by the registrar.
Fill the form for official guardianship
Now that it has become a part of your will, you have to fill an official guardianship form. It makes the document official.
More questions you need to know
You may need more information on how the guardianship process works. Here are some more details about it:
How long will it last?
A guardian will take care of your child until he/she reaches 18 years of age. After that, the child can make his own decisions.
Ways to nominate a guardian?
As we have already discussed, you will need to file a form and enter the guardian details in your will to nominate a guardian for your child.
Your local courts deal with matters of guardianship. The guardianship laws in one state may differ from the other state.
Due to these different laws, a guardianship attorney in Plano, Texas, might have to adhere to different regulations as compared to the one in Denver, Colorado. It is always prudent to consult an attorney upfront to learn about the guardianship laws of your state.
5. Will the guardian get payment?
Depending on your assets, the guardian will get a monthly payment. However, if your assets are not enough to pay for his work, he will be assigned a monthly payment for taking care of your child by the state.
Once you have all the information available about guardianship, you can make a much better decision for nominating a guardian and saving the future of your children.