Whether you or your spouse has just given birth, or you’ve just adopted a little one, congratulations!
Adding a child to your family is a moment full of worry, joy, stress, happiness, and love. For the foreseeable future, this little person is your responsibility. Naturally, a first child is frequently the first time that many think about drafting a will or inquiring about what might happen without one.
In Virginia, whether single or married, natural parents succeed each other for physical custody of minors. However, if there has been divorce and remarriage, termination of parental rights, or if both natural parents pass away, the result is clouded by the risk of litigation among competing factions of family. While everyone ordinarily wants what is best for the child or children, all too often, there is little agreement on who should have physical custody of the children and who should be responsible for their property.
A consultation with an attorney will help you determine what might happen without a will, and how you might best take care of your little ones with one. An attorney may also help you decide if you want to separate guardianship of the physical persons of your minor children from the stewardship of the assets they may come to possess after inheriting your estate and any life insurance proceeds.Posted by Editor | 0 comments