The short answer: yes. I have changed so much throughout the years and I have watched those I love change as well. I haven’t just changed from being a child to a teenager to an adult. There have been moments of growth and change throughout my entire life. New experiences happen daily and help me to learn and grow. I make mistakes, especially when I don’t fully understand what is happening around me. Those mistakes have helped me become a better person. While change is not always pleasant, such as losing a loved one, it is a necessary part of life. And with the change of death, your children will have to deal with the legal ramifications of the situation.
Navigating the legal processes after you die can and will be difficult for your children. This is compounded by the very real sting of you not being there to guide them through their emotional distress. However, death is a great catalyst for change. This scenario is made easier or harder depending on how well you planned before your death. An Estate Plan is an excellent way to protect your children after you pass away. It can help guide your children towards a constructive distribution while steering them away from a family argument. You can design an Estate Plan that gives the trustee discretion in distribution to help guide your children. In this way, their challenges or imperfections will not cause them to lose their inheritance.
A detailed Estate Plan can help navigate the turbulent waters that inevitably come for everyone. Nothing can prevent death, but it is possible to help make the transition easier for those who are left behind.