How can I ensure that the guardian named for my children has the resources to raise them well?

Barry Evan Haimo

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Probate Attorney - Fort Lauderdale, FL

Contributor Level 12

Posted about 1 year ago. Applies to Florida, 1 helpful vote

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Place the assets that you wish to benefit your children in trust for their benefit. Appoint someone you trust as trustee who will be responsible for administering the trust for their benefit. They will have an obligation to manage the trust income and principal prudently. This will maximize your opportunity to preserve and protect their assets.

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