Why Every Parent Needs a Will or Trust—No Matter Their Assets

One of the biggest misconceptions parents have is believing, “I don’t have enough assets to need a will or trust.” This dangerous myth can leave your children vulnerable and create unnecessary chaos if something happens to you. Estate planning isn’t just for the wealthy—it’s for anyone who wants to ensure their children’s well-being and financial security.

Who Will Take Care of Your Children?

If you don’t have a will that names a legal guardian, the court will decide who raises your children. This could be a relative you wouldn’t have chosen or, in some cases, even the foster care system. By creating a will, you make sure your children are raised by the people you trust, not by whoever the court selects.

Your Kids Could Be Left Without Financial Support

Even if you don’t think you have “wealth,” consider this: Do you have a bank account? A car? A life insurance policy? Any of these assets—no matter how small—could become inaccessible to your children without proper planning. If you pass away without a will or trust, your assets could be tied up in probate court for months or even years, delaying much-needed financial support for your kids.

A Trust Protects Your Children’s Future

A common mistake parents make is assuming their children will automatically receive their money and assets when they turn 18. However, without a trust, the court may distribute their inheritance in a lump sum at adulthood, with no protections in place. That means an 18-year-old could receive thousands of dollars with no financial guidance, increasing the risk of mismanagement.

A trust allows you to control how and when your child receives their inheritance. You can ensure the money is used for essentials like education, healthcare, and living expenses, rather than being spent impulsively.

Peace of Mind for You, Security for Them

Estate planning isn’t about how much you have—it’s about ensuring what you do have is used wisely to care for your children. Whether you have a little or a lot, a will and trust give you peace of mind, knowing that your children will be protected, financially stable, and raised by the people you choose.



Don’t wait until it’s too late. Secure your family’s future today by creating a will or trust—it’s one of the most important things you can do as a parent.