Keep them out of Probate Court if you become incapacitated – Someone you choose needs to be able to step in immediately—not in days or weeks.
Keep them out of Probate Court when you die – It’s expensive and time consuming—and it makes all of your private matters very public.
Don’t leave a mess that sets them up for arguments – This can create relationship fractures that can last a lifetime.
Choose the guardian for your minor children- Don’t leave that decision to a judge.
Protect your spouse from his or her next spouse- Remarriage is pretty common now when someone loses a spouse. Intentions aren’t always honorable.
Make sure they have the resources they need – for education and to maintain their livelihood.
Protect their inheritance – What if they go through a divorce, a lawsuit or a bankruptcy? The inheritance you left them will likely be gone.
Protect them from their own lack of financial maturity— Without proper protection, inheritances last an average of 19 months.
Reaffirm the values that are essential for them to live successful lives.