The Estate & Asset Protection Law Firm Owner, Shannon Pawley, Writes About The Important Legal Needs Of Unmarried Partners With Minor Children.
Estate & Asset Protection Law Firm Owner, Shannon Pawley, reminds readers that once an estate plan is created it needs to be reviewed regularly and, if necessary, revised.
DECATUR, GA, July 20, 2022: Shannon Pawley, Owner of The Estate & Asset Protection Law Firm, has posted a new article on the law firm’s website entitled “Estate Planning For Late In Life Partners With Children And No Intention Of Marrying,” in which Ms. Pawley outlines the importance of having legal documents that leave nothing to chance.
Pawley states, “Providing for children in unmarried partnerships, particularly those relationships formed later in life, is very important. Also, making sure that neither unmarried partner is left out if one should pass away makes the establishing of legal documents such as those found in an estate plan essential in these types of partnerships.” As Pawley notes, “The law gives married people certain protections with or without an estate plan, however you don’t want to leave the care of children to the state.”
According to Pawley, “It’s extremely important to designate a legal guardian if you or your partner are not legal parents to the surviving child.” She elaborates, “If the child does have a surviving legal parent, that parent will be given full custody and responsibility of the child whether that would be your wish or not. If there is no surviving legal parent, the court will look to your will/estate plan for the appointment of a legal guardian for your children. So,” she states, “if you and your partner have children but your partner is not a legal parent, you can specify that you want your partner to become the child’s legal guardian at your death. It is a good idea to list an alternate person in case the first person you name is not able to care for the child. Without a legal designation it will be up to a judge to decide who will be your child’s guardian.”
While married couples need an estate plan, (even with the state protections to the surviving spouse), unmarried couples lack the basic protections thus making it essential to provide important protections for a surviving partner and/or any minor children by drafting an estate plan, as well as naming the people responsible for making important decisions about their health and property.”
Pawley also reviews Revocable Living Trusts and Joint Tenancy With Right of Survivorship. She also emphasizes that, “Because estate planning can be complicated in general, if you and your partner are not married and there are minor children, it is important to make sure your estate plan is done right and to review it every couple of years.”
The entire article can be read at LINK HERE
About The Estate & Asset Protection Law Firm
The Estate & Asset Protection Law Firm was established to serve the legal needs of retiring citizens. The Firm focuses its entire practice on providing strategies to protect independence, privacy, assets and taxes from the government. Shannon Pawley has grown her law practice by providing excellent customer satisfaction with personalized wealth protection plans.
About Shannon M. Pawley, J.D., LL.M
As the owner of The Estate & Asset Protection Law Firm, Shannon M. Pawley and her entire team share a passion which focuses on being able to serve the legal needs of retiring individuals. In our firm, WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability. We also believe that privacy and protection are the keys to personal peace. Born and raised in the Tidewater area of Virginia to a tightknit family with strong military service roots, Shannon learned from an early age the value of hard work and the importance of social awareness to ensure you always leave a situation in a better place than how you entered it. In her junior year of high school, Shannon served as U.S. House of Representatives Page during the 101st United States Congressional Session in Washington, D.C. This experience exposed her to numerous new cultures and worldly issues. Walking away from her experience as a U.S. House of Representative Page, Shannon knew that she wanted to pursue legal studies and be able to assist others in obtaining the best results available in difficult situations.
Shannon earned her undergraduate degree at North Carolina Wesleyan College and pursued a law degree from Michigan State University College of Law. After obtaining her law degree and becoming a licensed attorney in Michigan, she continued her educational pursuit by acquiring a LL.M. (Master of Law) in Taxation from Wayne State University. After moving to Georgia in 2018, Shannon obtained her Georgia law license and has enjoyed being able to pursue her desire of ensuring persons are able to age with dignity, grace and independence.