If John is going to have his first child,which of the following should he do for his estate planning?

Question

Quizplus · Accepted Answer

Updating his will would be the best choice as having a child is a significant life event that may require changes to the distribution of assets and naming a guardian for the child in case of the unexpected death of both parents. Adding a codicil to the will may be an option, but updating the entire will would ensure all necessary changes are made. Reviewing his power of attorney may also be advisable, but it is not directly related to estate planning for his first child.

If John Is Going to Have His First Child,which of the Following