As a new mother myself, I understand the rush of emotion that comes with a new child in the house. You just want to relax and bond with your newest family member, but there are important matters to settle as you and your new bundle of joy get used to life together.
We've previously discussed the financial and legal matters that a new parent should set up before the birth, but there's also long-term planning for the "what if" and "just in case" scenarios. It's your job as a parent to always provide for your child, including when you can't be there to do it in person. By establishing guardianship and a revocable trust, you can help your children throughout life no matter what happens to you along the way.