Tuesday, November 4, 2014

Why Consider Friends?

Ray and Liz are trying to work out who to name as guardian for their baby, Sam, and 4-year-old, Rose, in their Wills in case Liz and Ray die too soon. Liz was surprised when Ray wanted to talk about his good friend since childhood, Ted.
She thought they should only consider family members as possibilities, for all the reasons she explained to him in our last column. But Ray has persisted, and he feels he has good reasons too.

Ray feels that he and Ted are closer than most brothers. Ted has come to many family gatherings over the years and was best man at their wedding. He and his fiancé see (and adore) Sam and Rose all the time, and they live close.

He agrees that Liz’s sister Joy would be best, but he thinks that Liz‘s brother Don is not a good second choice.

Don is a nice guy for sure, but he says he never wants to get married, makes a few too many jokes about having ‘rug rats’ around, rides motorcycles without a helmet, and thinks adventure is his calling in life. Worse, he is awful with money.

Don may change in the future, but Ray and Liz are making their decision now about who to name in their Wills – someone to make sure their children still feel treasured in the event Ray and Liz do not live to see them grow into adults.

For assistance considering your estate planning choices, including whom to name as guardian, please call our office at (815) 436-1996 for an appointment.

©2014 Gruber Law Office, Ltd.

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