Choosing a guardian for your children is one of the most important estate planning decisions parents make. Learn the key factors to consider, including shared values, financial and emotional readiness, family dynamics, and geographic concerns. Without a formal guardianship designation, courts—not parents—will decide who raises your children if the unexpected occurs.

The essential factors to keep in mind when choosing a guardian for your little ones. Without a formal guardianship designation in place, the courts will decide who raises your children - and their choice may not align with your wishes.