Estate Planning for When ‘Baby Oops’ Comes Along

Here are four estate planning tasks to keep in mind to ensure Baby Oops gets what they need if you become incapacitated or pass away.

A happy baby sits in on open kitchen drawer.
(Image credit: Getty Images)

You’re likely all too familiar with the concept. Most families have children with fairly narrow age gaps. The median age gap between children is just 24 to 29 months. But every now and then, after it seems apparent to everyone — including the parents — that the family is fully formed, along comes Baby Oops 10 years later, and two kids becomes three as everyone rejoices.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Allison L. Lee, Esq.
Attorney-at-Law, Director Trusts & Estate Content, FreeWill

Allison L. Lee is the Attorney-at-Law, Director Trusts & Estate Content for FreeWill, a mission-based public benefit corporation that partners with nonprofits to provide a simple, intuitive and efficient online self-help platform to create wills and other estate planning documents free of cost. Through its work democratizing access to these tools, FreeWill has helped raise billions for charity. Prior to joining FreeWill, Allison spent more than a decade in private practice.