Who will be their Guardian?

Written by Roger Sorensen


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2.What ifrepparttar guardian you select is over flowing with love and values, but scraperepparttar 110659 bottom ofrepparttar 110660 barrel each month to feed their own children? Everyone knows that you do certainly do not intend to add your children to theirs and cause them undue hardship. This leaves only one real solution. Provide adequate financial resources forrepparttar 110661 guardian to properly care for your children. Atrepparttar 110662 least, you should provide enough cash resources to feed and cloth your children each month until they complete high-school. Many parents also make an effort to providerepparttar 110663 resources for their children to be able to go to college. Most likely your own asset chart is a little short for providingrepparttar 110664 amount of cash your children will need or you want to provide after your death, consider using life insurance. Term life insurance to be paid into a trust is relatively inexpensive duringrepparttar 110665 years your children are at home. If you are leaving a trust with a significant sum of money, you may want to appoint a “guardian ofrepparttar 110666 estate” to handlerepparttar 110667 finances separate fromrepparttar 110668 “guardian ofrepparttar 110669 person”. This can removerepparttar 110670 obvious temptation if somedayrepparttar 110671 guardian encounters personal finance difficulties. The estate guardian andrepparttar 110672 person guardian must be able to get along, so it is important you pickrepparttar 110673 right people for these positions. Even more important is that if you do die early, your child will be brought up in a loving, nurturing home you have chosen. After all, you wouldn’t go throughrepparttar 110674 difficult issues of estate planning and guardian picking if you didn’t wantrepparttar 110675 best for your children. That best includes you making out a will, and doing it as early as tomorrow.

Roger Sorensen is a Financial Author and Speaker, and the editor of Money Basics, a monthly personal finance newsletter found online at www.brighterfutures.com. After filling in his own debt pit equal to 150% of his annual income, Roger has turned the experiance into Brighter Futures, a Financial Literacy company. "There is hope for you, no matter how large your debt load might be."


"Divorce and Children: Things To Consider When You're Staying Married Only For Your Children"

Written by Karl Augustine


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Children and divorce consideration 2: Make sure 'guilt' isn'trepparttar real reason that you aren't getting a divorce.

The 'guilt' referenced above isrepparttar 110658 guilt brought on by thinking that your divorce will hurt your children. In and of itself, this feeling of guilt is a selfish one if you haven't really examined carefully if a divorce will have an adverse effect on your children. If you aren't getting divorced because of guilt in this regard, but you still have an unhappy marriage that is affecting your children, then you aren't really staying married for them, you're staying married for you because you feel guilty...this is selfish.

Children and divorce consideration 3: Once you've clearly defined that you are in fact, not getting a divorce solely because you have children, examine why you think divorce will adversely affect your children.

Remember, divorce can have a negative effect on children initially, but that doesn't necessarily mean that a divorce will be a negative influence on your children forever.

Decide whether or not your children haverepparttar 110659 resiliency,repparttar 110660 intelligence,repparttar 110661 emotional health, andrepparttar 110662 support they'd need to mitigaterepparttar 110663 adverse effects that a divorce would have on them. Will they be happy afterrepparttar 110664 initial shock ofrepparttar 110665 divorce is worked through?

Children and divorce consideration 4: Once you've really defined what you believe to be negative effects on your children due to divorce, think about what your children's life will be like inrepparttar 110666 immediate and distant future if you do actually go through withrepparttar 110667 divorce.

Ask yourself, "Can I create and maintain a healthy environment for my children if I do get a divorce?"

One thing that is a critical factor in this decision isrepparttar 110668 feasibility of you and your spouse getting a divorce amicably. If you and your spouse can go through a divorce amicably, and you both can agree to always put your children's welfare above your own, you will be one step ahead.

Again, make sure you are certain a divorce is necessary to createrepparttar 110669 right type of environment for your children. Assure that there is absolutely no way you can rekindle your marriage.

Usually, divorce representsrepparttar 110670 first real trauma of a child's life. Keep this in mind when your making your divorce decision. Divorce is a serious step and nothing should be done until your're certain that divorce isrepparttar 110671 best course of action. Getting a divorce without making sure that divorce isrepparttar 110672 right thing is selfish on your part and isrepparttar 110673 wrong thing to do to your children...after all, they deserve your best effort!

One thing should remain constant...that you and your spouse will always be there for your children, no matter what.

Author of "A Practical Guide To Deciding Whether Or Not To Get A Divorce", the eBook recommended by counselors to thier clients. Proven "Actions Items" to help you decide!

Deciding on Divorce

Children and Divorce


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