Estate Planning for Parents with Minor-Aged Children

Parents should make sure they have arrangements in place for the care of their minor-aged children when planning their estates, according to Montana State University Extension.

To make sure parents’ wishes are followed, Marsha Goetting, MSU Extension family and economics specialist, and Kaleena Miller, MSU Extension Agriculture and Natural Resources agent in Madison-Jefferson County suggest parents create a will that names a guardian and a conservator in case both parents die.

A guardianship provides for the care of the children until age 18 and grants the power and responsibility of a parent....