It is often a prudent idea for parents of minor children to create an estate plan. However, estate planning can be more complicated when there are minor children involved.
If you die unexpectedly, your children may need someone to make decisions for them in probate, may need someone to care for them and may need someone to manage any money they inherit. If their other parent is still alive, he or she can take on these responsibilities. However, if the other parent is determined to be unfit or if both parents die, other adults may need to fill these roles.