For parents, this is often the most important question about their estate. Who takes over care if you are no longer there? Two different matters are involved: who receives parental authority or guardianship, and who manages the assets the child inherits?
Authority and guardianship
If one parent dies and the other parent still has parental authority, that parent generally remains responsible. For the situation in which no parent with authority is available, you can appoint a guardian in a will or through the custody register. The appointed person is asked whether they accept guardianship. Discuss your choice in advance and consider a substitute.
Your child's inheritance
A minor child can inherit, but cannot independently make all decisions about an estate. In a will, you can arrange administration over the child's share and appoint someone to manage it. The person caring for your child and the person managing the assets do not have to be the same person.
What helps in practice?
In addition to legal arrangements, record practical information: important contacts, school, medical details, insurance and documents. Make sure the information is stored safely and can be found. A Personal Life File from The Inheritance Guide can help create this overview. Appointment of a guardian and testamentary administration are discussed with the notary.
