Legal Tips Every New Parent Should Know Legal News, Issue 8 Volume 2, June 2013 Whether you are expecting, preparing to adopt or already have children, it is important to make sure your family is legally protected. It is never too early to prepare for your children’s future, but waiting to prepare could be disastrous. These tips are designed to help guide parents through the planning process. If you need assistance with any legal issue involving your dependent children or establishing your estate plan contact the Quintana Law Firm, LLC today. • Develop an Estate Plan – Protect your family’s financial interests with an estate plan. • Carefully Select a Guardian (Custodian) – It is important to carefully consider the willingness, financial responsibility, age and health of a potential guardian. • Purchase Life Insurance – Term life insurance is often more affordable for parents, but examine all of the options available and consider how much your children would need if something were to happen to you. • Review Health Coverage – Examine the costs and exclusions included in your health insurance plan. • Know Your Employer’s Leave Policies – Some policies may be governed by state or federal law while others may be at the discretion of your employer. • Consider Short- and Long-Term Disability Insurance – Working mothers should prepare for maternity leave by purchasing short-term disability insurance to cover any unpaid portion of their leave. • Savings – It is important to save first for emergencies. Once you have enough savings to cover one to two months without income you should begin saving for your children’s education. There are multiple options for college savings such as prepaid tuition plans and tax-advantaged savings plans. Contact us today at 720-515-4789 and see how we can assist you with your legal matters or visit our web site at: Qlegalservices. Referrals are appreciated and welcomed. Please feel free to refer any potential clients to the Quintana Law Firm, LLC.
Posted on: Tue, 18 Jun 2013 20:57:28 +0000