Neither is Bruce Wayne. You might be wondering why an estate planning attorney would write that on his blog. It’s because many parents with young children act like Bruce Wayne will be there to take care of their children if they pass away. It won’t happen.

In the comic books, The Flying Graysons were a famous circus trapeze act. While they were performing in Gotham City, they were shot and killed leaving behind their child Dick Grayson. In the fictional world, Bruce Wayne disguised as Batman swept in to take the child from harm. Without any court proceedings, the billionaire received guardianship of the child and trained him to be his sidekick Robin.

It does not work like that in the real world. In the real world, if you do not plan for what will happen to your children if you pass away, then the Courts have to make a decision. The courts appoint a guardian and it will not be an unrelated billionaire who likes to fight crime while dressed up in a bat suit. What is easy in the comic books is difficult and messy in real life. If you have young children, make plans for them now. Speak to an estate planning attorney about what you can do to make sure that your children will be taken care of. Batman won’t take care of things for you.

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Thanks again.

Dennis D. Duffy

Duffy Law Office, PLLC