- THEN, MAKE A WILL.
Even if you have "nothing," as many single moms say, what ever you do have--property or just life insurance--and where it goes, will be decided by a probate judge if you don't have a will.
- HAVE A GUARDIAN SELECTED FOR MINOR CHILDREN.
This can be a close friend or relative, but make sure this person is willing to assume the enormous responsibility of raising a child. And remember, a guardian can be a person with or without other children, male or female, single or married.
- CHOOSE A TRUSTEE.
This is a person you must trust with managing the financial determinations of the will. Never make the guardian of the will and guardian offer children the same person. They need to work together, but should provide a 'check' on each other. The trustee can be a family friend or relative who will look out for the best interests of your children.
And let your children know that although you have no plans of leaving them, they will always be taken care of because you've made sure of that.
-Erin Reynolds and Andrea Engber contributed to this article.
This article was reprinted with permission from Single Mother, March/April 1996 Copyright 1996 by Single Mother. All rights reserved. This article may be printed out for personal use but may not be reproduced in any other manner, including electronic, without prior written consent from Single Mother. Permission requests may be submitted to Andrea Engber.