Personal Finance
Question on a Will writing obstacle II (legal guardian)
By Wilfred Ling, The IFA on Duty  •  May 10, 2011
Written by Wilfred Ling    Tuesday, 10 May 2011

Bookmark and Share

Question: "I am not writing a Will because I am having difficulty in finding legal guardian for my kids.”

Answer:

The legal guardian of your children is always the surviving biological parent. In this case will be your spouse (assuming he or she is the biological parent). The only issue is if two parents dies, than the guardian will be depend on the authority to appoint or if you have appointed this guardian in your Will - that guardian will be in accordance to your wishes.

If you do not know who to appoint as guardian you can just leave out the guardian part in the Will. Appointment of guardian is not compulsory. You are no worst off as compared to current situation if you leave out the guardian appointment in the Will. In the event you found your guardian ...

...
Read the full article
By Wilfred Ling, The IFA on Duty
Wilfred Ling is a Chartered Financial Consultant with Promiseland Independent Pte Ltd. He is a fee-based financial planner by profession.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance