Reply to Child custody questions if DH and I are both dead

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[quote=Anonymous]OP, our friends died in a car accident leaving behind two kids, no will, and difficult parents on both sides.  One family has money the other doesn't; the kids knew the family with little money best. We were all really worried about the kids, but you know what the families are really pulling together.  I think they're so thankful that the grandkids are alive, that they're making it work.  The one family is taking them all on vacation to get a way as they've all struggled figuring out kids' schedules, bank accounts, funerals, etc.

Don't forget the money you will leave the kids per the house equity and insurance.  You and your DH need to sit both parents down together and talk to them about the "what happens." Maybe one set of parents are unwilling to do it, so you will have your answer; but you can't know until you ask.  We have a provision in ours, and have talked to the named guardians, that when our kids get older that we've provided boarding school for them.  I would definitely not leave it up to the courts.  You need to have a document with all accounts and passwords where they can be found.  When you are drawing up a will, they will determine who died first, so if you both have something different, it may well be left to police to determine who died first.

Just find a way for you guys to come together, it's for the benefit of your kids.[/quote]

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