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Goodcatt & Associates
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    • Home
    • About
    • Services
      • Wills.
      • Trusts.
      • Probate.
    • Offices
      • Austin
      • Houston
      • San Antonio
    • Resources
      • Cost-Texas Will and Trust
      • Families - Minor Children
      • Estate Plan San Antonio
    • Our Fees
    • Contact
Goodcatt & Associates
  • Home
  • About
  • Services
    • Wills.
    • Trusts.
    • Probate.
  • Offices
    • Austin
    • Houston
    • San Antonio
  • Resources
    • Cost-Texas Will and Trust
    • Families - Minor Children
    • Estate Plan San Antonio
  • Our Fees
  • Contact

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FAMILIES WITH MINOR CHILDREN

For families with minor children, estate planning is about more than documents—it is about making thoughtful decisions that protect your children and provide clarity if something unexpected happens.


Many parents know they should plan ahead but are unsure where to begin or what matters most. Our role is to help families understand the key considerations involved and put a plan in place that reflects their values, priorities, and long-term goals.


Why Estate Planning Matters for Parents

When you have minor children, certain decisions cannot be left unaddressed. Without proper planning, courts—not parents—may end up making important determinations.


Estate planning for families with children often focuses on:

  • Who will care for your children if you are no longer able to 
  • How assets will be managed for their benefit
  • When and under what circumstances children receive an inheritance
  • Reducing uncertainty and court involvement during an already difficult time


Planning ahead allows parents to make these decisions intentionally rather than relying on default rules.


Guardianship Planning

One of the most important aspects of estate planning for parents is naming guardians for minor children. A properly drafted will allows you to nominate the individuals you want to serve in that role and, if appropriate, those you would prefer not to.


In addition to a Will, Texas law allows parents to execute a statutory declaration of appointment of guardian for minor children. This document can provide additional guidance and clarity regarding guardianship decisions if they are ever needed.


While no document can eliminate every contingency, clear guardianship planning helps ensure your wishes are known and considered.


Managing Assets for Children

Children are generally not able to manage inherited assets on their own. Without proper planning, assets left to minors may require court supervision and may be distributed outright at a young age.


Many families choose planning strategies that:

  • Allow assets to be managed by a trusted person
  • Provide structure around how and when funds are used
  • Avoid unnecessary court involvement
  • Support education, care, and long-term needs


These goals are often accomplished through Trusts, which allow parents to set clear instructions and provide continuity over time.


Planning Beyond a Will

While a Will could be a foundational document for families with minor children, effective planning often involves more than a single document. Trusts frequently play a central role by allowing assets to be managed for children in a thoughtful and controlled manner.


Depending on your situation, planning typically also involves incapacity planning, beneficiary coordination, and other tools to ensure everything works together as intended. We help families understand how these pieces fit together and which options are appropriate for their circumstances.


Our Approach

Estate planning for parents should feel thoughtful and manageable—not overwhelming. We take the time to understand your family, explain your options in plain language, and help you make informed decisions.


We guide families through each step of the process, from the initial conversation through implementation. We explain the process, scope of work, and fees upfront, so clients know what to expect and can move forward with confidence—without surprises along the way.


Serving Families Across Central Texas and the Hill Country

We work with families with minor children throughout San Antonio, Austin, Houston, and surrounding communities across Central Texas and the Hill Country.


If you have young children and want to ensure your plan reflects your wishes and protects your family, we are here to help.

Schedule a No Fee Consultation

Ready to plan for your family? Schedule a consultation and allow us to assist you in creating a tailored plan to meet your needs.

Schedule A No Fee Consultation

Estate Planning Services

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Wills.

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Trusts.

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Probate.

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Contact Us

Austin skyline

Austin

(512) 688-8817

500 W 2nd St, Suite 1900

Austin, TX 78701


M-F - 9:00 - 5:00pm

(By Appointment Only)

Austin
Houston skyline

Houston

(281) 822-0969

2200 Post Oak Blvd Suite 1000

Houston, TX 77056


M-F - 9:00 - 5:00pm

(By Appointment Only)

Houston
San Antonio skyline

San Antonio

San Antonio

(210) 739-6343

7550 Interstate 10, Suite 843

San Antonio, TX 78229


M-F - 9:00 - 5:00pm

(By Appointment Only)

San Antonio


  • Wills.
  • Trusts.
  • Probate.

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