In addition to making a Will, we recommend that, if you have children, you draw up a Children’s Charter to ensure that instructions are in place on how you wish your children to be taken care of.
This document is simply a written record prepared by you as a sole parent or as a couple, which details what you want for your children should either of you pass away.
The document contains a set of instructions on what you want for your children and covers a range of life and lifestyle issues, such as:
- Where they will live
- Involvement with other family members
- Standard of living
- Religious instruction
- Tertiary education
- Overseas trips, other activities
- Health issues
These guidelines do not form part of your Will, but is a separate document. Your Will selects the guardian(s) and makes financial provision for your children, but does not deal with the above personal issues.