Preparing for Baby: All the Legal, Financial, Tax, and Insurance Information New and Expectant Parents Need

by Nihara K Choudhri

Preparing for Baby is a must-have resource for every new and expecting parent, a legal and financial version of What to Expect While You re Expecting. Often, parents don t have the time or energy to deal with important legal and financial matters like buying life insurance, learning how to save for college, or creating a will. Preparing for Baby provides plain-English information about the basic legal and financial issues most new parents face, broken down into an easy to digest and reference Q&A format for parents busy with the day-to-day aspects of caring for their babies. This guide gives readers the information they need to make smart legal decisions in the months before and after baby arrives."

272 pages, Paperback

First published December 7, 2015

Reviews

[Kitty · Rating 5 out of 5]

Every single mom needs this book. That being said, I actually preferred to read it after the chaos that was my daughter's first 4 months of life. It was after that time I started thinking of things like updating a will, setting up a college savings plan, and life insurance. Had I read this while pregnant and "preparing for baby" I would have been overloaded. This book is absolutely fantastic. It gets basic enough that you don't have to be a financial guru to be able to understand it, but even for us lawyers and personal finance nuts, you learn a ton because you never had a reason to study the difference between 529 plans and ESAs when it comes to the best for your financial situation.
Too few people will read this book since it isn't the fun stuff about babies....but it is so incredibly important.

[Kyla · Rating 4 out of 5]

This is a really handy guide about a little-explored aspect of becoming parents -- finances. The title is a bit misleading as there are sections in this book that are relevant long after your child has outgrown babyhood. It's easy to read and can be flipped through as more of a reference guide than something to be read front-to-back. For example, if you aren't hiring a nanny, skip that chapter and move on to creating wills or education savings plans.