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[quote=Anonymous]You can name your kids directly as your beneficiaries on your accounts, but you should also have a will that names a person who gets physical custody of your kids if both parents die and a person who is the financial executor of your estate and would manage your children's money until they turn 18 (or another age that you designate, often 21 or 25.) These two roles can be combined into one person if you trust that person to manage the children's money wisely. We have DH's brother named in both of these roles. [/quote]
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