Building a Strong Foundation for Your Family's Financial Future

Single Parent Concerns

Objective:
As a single parent you are concerned about the well-being of your children in case something happens to you. It’s natural to worry about their future and who would take care of them. While it can be a difficult thought to bear, it’s essential to plan to ensure your children’s safety and security.

The Solution:

Rockwills provides specialized Will Writing Services to ensure financial stability and security for your children.

We offer personalized trust structures, such as Single Parent Trust for speedy distribution and better preserving assets to your children. It also ensures liquidity and emergency funding immediately available for your children’s day-to-day expenses if you pass away or become incapacitated.

As a trustee company, we have the experience, expertise and impartiality that will make the estate distribution a smooth process for your loved one.

How The Single Parent Trust Can Helps You:

  • Financial Security for Your Children

Single Parent Trust will hold and manage your assets, providing stable and continuous liquidity for your children’s essential day-to-day expenses, such as food, clothing, housing, and extracurricular activities.

  • Provide Education Funding for Minor Children

You can allocate the assets specifically for your children’s education to the Single Parent Trust. This can pay for education expenses including tuition fees, books, supplies, school transportation fees, other curriculum fees, enhancement education fees, etc. This ensures that your children have the necessary resources to pursue their academic goals.

  • Provide Medical Care for Your Children

The Single Parent Trust can also address your children’s healthcare needs. It can provide for medical insurance coverage, emergency medical expenses and other healthcare-related costs.

  • Guardianship of Minor Children

You can appoint a trusted individual or individuals who will assume the responsibility of caring for your children if you pass away or become incapacitated. In addition, you might consider co-guardianship with your ex-spouse for the best upbringing of your children.

  • Provide Immediate Liquidity Resources for Your Children

The personalized trust structure is designed to avoid probate so to ensure immediate liquidity is available for your children’s day-to-day expenses if you are no longer present for them.

  • Personalized Approach

I understand every parent has specific concerns and goals. I will listen to your needs and gain a thorough understanding of your situation. This will enable me to create a Will that is tailored precisely to your requirements and addresses your unique circumstances.

Get in touch with us

It was wonderful assisting you. Your presence and professionalism were remarkable, and it was my pleasure to help. I hope we can work together.