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Mutual Wills Package with Last Wills and Testaments for Married Couple with Minor Children Colorado Form

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Mutual Wills Package with Last Wills and Testaments for Married Couple with Minor Children Colorado Form

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what are the basic issues that you and your spouse should think about if you don't have an estate plan but you do have minor kids get to that in just a moment my name is Jason Lindamood I am an estate planning lawyer and the short answer is you want to plan for the worst case scenario and then reverse engineering back into everything else what I mean by that is this you have kids let's say it's the worst day in the world you have a simultaneous death situation you want to make sure that whether you use a will or a revocable living trust both are are good nuclei of estate plans make sure that they both have language in there or one of them has language in there to figure out two things number one who's going to keep the kids should both of you perish at the same time and number two how is your estate going to be doled out to the kids those are important things uh it it eliminates a lot of family infighting and eliminates a guardianship proceedings things

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