Estate Planning 101: 5 Lessons for New Parents

You've prepared the nursery, stocked up on diapers and even sent your baby shower thank-you notes. Now it's time to check a big one off your to-do list: Preparing for the unexpected.

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Whether you are adopting or giving birth to a child, overseeing a minor’s life is fraught with expansive (and expensive) tasks: Feeding, fretting, toileting and procuring seem to consume the new parent. So, while it is understandable why new parents are laser focused on their newborn’s immediate needs, they should have the wherewithal to remember the importance of making preparations for their child if something were to happen to themselves.

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Daniel A. Timins, Esq., CFP®
Owner, Law Offices of Daniel Timins

Daniel A. Timins is an estate planning and elder law attorney, as well as a Certified Financial Planner®. He specializes in Estate Planning, Surrogate’s Court proceedings, Real Estate Law, Commercial Law and Medicaid Planning. He is a graduate of Pace Law School.