A Happy Birthday to my #1 daughter GOOD MORNING!!! to you all! Yup, 22 years young for my Pickle! Happy Birthday!
What Would You do Wednesday Ed-vise today. Cause it’s WEDNESDAY! And I do love WEDNESDAYS!
Another big event…another mass shooting.
4th of July and a shooter from atop a building opens up on the crowd. Killed 7; wounded a bunch more.
Since Uvalde there have been around 30 mass shootings. Which means almost on a daily basis people are being killed at random more often than not.
At the recent 4th of July parade, the shooting began and people thought it was fireworks. That is a fair assessment. Often times the sound of bullets and fireworks sound similar which is why I encourage you to go to a firing range to hear the difference.
Two parents and their 2 year old were at this event. Both parents were killed though the father was able to protect his son by shielding him with his own body.
Now, the What Would You Do scenario isn’t going to focus on heroic efforts of the parents to protect their child. Instead, place yourself in your child’s position. What Would You Do, at that age? What have you been taught? What do you think a child of that age understands? Furthermore, will the child end up having to rely on the kindness of strangers going forward for their well being OR, do you (the parent) have a plan for them?
And that goes to the whole estate planning thing. Betcha didn’t see THAT COMING! You have to quick to keep up with this blog!
Your estate plan doesn’t just cover your property stuff. If you are a parent, it covers WAAYYYYY more than that.
Under state laws, the surviving parent will take the child. OK, too easy. But, what if BOTH parents die at the same time? Then what? Things like this can lead to very sticky family problems if they are not planned for.
See, at such a time as both parents dying at the same time, you end up (usually) with two sets of grandparents, BOTH GRIEVING. Safe to say both want some memory of their child so both would want to raise the grandchild. Well, in this case, there is only one child. Even with multiple children, would the kids end up split apart?
That is why you, as a parent, MUST plan for the sudden demise of BOTH parents at the same time. Now, don’t feel bad, Spousal Support Unit and myself also need to update our wills otherwise Newbie would end up going down to the “Insane Asylum” that is my parents!
Shit happens, folks! It does. Best you can do is plan for it. Have the conversation between the two of you about where the kid goes. Then, you want to make sure to tell the receiving party that the kid would come their way. Not fair to saddle the Fun Loving Auntie with being a parent unknowingly. Write it down and put it in your will. It makes things go MUCH smoother.
I’m just saying
That’s it for today. Take care of yourselves. Check in on each other and remember when the sushi met the bee it said…WASABI!!! HAHAHHAHAHAA….bzzzz!