If You Have Minor Children, the First Step in Estate

question 89

True/False

If you have minor children, the first step in estate planning is to select their guardian.

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Definitions:

Biological Children

Children who are born to their parents, sharing direct genetic material.

Psychosocial Model

A framework for understanding how psychological and social factors interact to influence an individual's health and behavior.

Normative Stage

A stage or phase of development that is considered typical or expected within a given cultural or societal context.

Sequential Stage

A development phase that follows a specific, predetermined order, often used in the context of learning processes or developmental psychology.