It goes beyond just caregiving because it can provide a sense of stability and continuity for your children
Carolyn and I were revising our wills when our kids were younger. I’ve shared before how difficult it was for us to name a guardian in our wills. At that time, Carolyn insisted that we name someone who is loving and of high moral character. I pondered that comment: “ Carolyn , if we knew someone like that, why wouldn’t we just give the kids away today?” She vetoed that idea faster than a sprinter out of the blocks. So, we kept the kids.
As I think back, we delayed having our wills revised because we didn’t know who to name as a guardian. That wasn’t the right decision. Today, I want to share four key issues to consider around guardianship. I want to thank Karen La Caprara, a lawyer at the firm Fasken LLP, for her thoughts on some of these issues.The key reason to carefully consider who will look after your minor children if you and your spouse are gone is to ensure the ongoing nurturing and guidance of your kids.
Tim Cestnick, FCPA, FCA, CPA, CFP, TEP, is an author, and co-founder and CEO of Our Family Office Inc. He can be reached at
Court Appointment Time Carolyn Guidance Child Trustee CFP FCA Ontario
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