No one can replace you as a parent and the thought of someone else raising your child is unbearable. However choosing a guardian for your child is an arrangement all parents must make.
When choosing a guardian for your child, there are two types of guardians you can select: guardian of the estate and guardian of the person. A guardian of the estate is responsible for managing your child’s finances in the event that you pass away. A guardian of the person will be the legal guardian of your child when you are gone.
If you do not name a guardian for your children, the court will. So, it’s in your best interest as well as your child’s to handpick a guardian who matches your own values and will provide a life for your child you can feel comfortable about. Before you go naming your sister-in-law or your elderly parents, there are a few things you should think about.
For more advice on how to choose a guardian for your children, check out Haven Life’s flowchart below that covers questions you should be asking yourself.